MASTERY PROBLEM John Neff owns and operates Waikiki Surf Shop. A year-end trial balance is provided

on page 563. Year-end adjustment data for the Waikiki Surf Shop are shown below.

(a and b) A physical count shows merchandise inventory costing $45,000 on hand

as of December 31, 20-- Neff uses the periodic inventory system.

(c) Supplies remaining at the end of the year, $600.

(d) Unexpired insurance on December 31, $900.

(e) Depreciation expense on the building for 20--, $6,000.

(f) Depreciation expense on the store equipment for 20--, $4,500.

(g) Wages earned but not paid as of December 31, $675.

(h) Unearned boat rental revenue as of December 31, $3,000.

REQUIRED

1. Prepare a year-end work sheet.

When is going to be why would you put money into saving account

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

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