Read the following case and answer the questions. You may use your book and your notes to answer the questions. You are an accountant traveling to visit an out-of-state client to review the operations of Widget Inc. prior to conducting an annual audit. While you are traveling on this trip, you are preparing material for another client’s audit, XYZ Inc. Who should be billed for your time on the trip?

Case Analysis:
1. What is the ethical dilemma?

2. What would an individual with the following ethical foundations recommend that you should do?
Cultural relativism:

Subjectivism:

Religion:

Human rights/justice:

Utilitarianism:

Kantian:

Identifying transactions national park tours co. is a travel agency. the nine transactions recorded by national park tours during may 2019, its first month of operations, are indicated in the following t accounts: cash (1) 75,000 (2) 900 (7) 8,150 (3) 1,600 (4) 6,280 (6) 2,700 (9) 2,500 accounts receivable (5) 12,300 (7) 8,150 supplies (2) 900 (8) 660 equipment (3) 8,000 accounts payable (6) 2,700 (3) 6,400 beth worley, capital (1) 75,000 beth worley, drawing (9) 2,500 fees earned (5) 12,300 operating expenses (4) 6,280 (8) 660 indicate for each debit and each credit (a) whether an asset, liability, owner's equity, drawing, revenue, or expense account was affected and (b) whether the account was increased (+) or decreased account debited account credited transaction type effect type effect (1) (2) (3) (4) (5) (6) (7) (8) (9)

For a firm that uses the weighted average method of process costing, which of the following must be true? (a) physical units can be greater than or less than equivalent units. (b) physical units must be equal to equivalent units. (c) equivalent units must be greater than or equal to physical units. (d) physical units must be greater than or equal to equivalent units.

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?