James Albemarle created a trust fund at the beginning of 2016. The income from this fund will go to his son Edward. When Edward reaches the age of 25, the principal of the fund will be conveyed to United Charities of Cleveland. Mr. Albemarle specified that 75 percent of trustee fees are to be paid from principal. Terry Jones, CPA, is the trustee.

James Albemarle transferred cash of $330,000, stocks worth $230,000, and rental property valued at $165,000 to the trustee of this fund.
Immediately invested cash of $275,000 in bonds issued by the U. S. government. Commissions of $4,500 are paid on this transaction.
Incurred permanent repairs of $7,300 so that the property can be rented. Payment is made immediately.
Received dividends of $4,600. Of this amount, $1,300 had been declared prior to the creation of the trust fund.
Paid insurance expense of $2,300 on the rental property.
Received rental income of $8,300.
Paid $4,600 from the trust for trustee services rendered.
Conveyed cash of $5,300 to Edward Albemarle.
Prepare all necessary journal entries for the trust to record the above transactions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum.should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?