Question: Two posts are required to receive full credit for a discussion. First of all you will need to respond to the scenario that is given.

Two posts are required to receive full credit for
Two posts are required to receive full credit for a discussion. First of all you will need to respond to the scenario that is given. You will need to give a complete answer, at least a paragraph, that shows that you have read the scenario and have put some thought into your response. The second required post needs to be at least one reply to a fellow students post. At the end of the current month, Ross Heimlich prepared a trial balance for Main Street Motor Co. The credit side of the trial balance exceeds the debit side by a signicant amount. Ross has decided to add the difference to the balance of the miscellaneous expense account in order to complete the preparation of the current month's nancial statements by a 5 o'clock deadline. Ross will look for the difference next week when he has more time. Discuss whether Ross is behaving in a professional manner

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!