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Accounting homework help


1. What are the ethical issues in this situation? Explain how you think these ethical issues are applicable in the specific circumstances of this case. (Worth 3 pts.) 2. How would recording more units than are actually in inventory impact the 2016 balance sheet and income statement? How would it impact the 2017 balance sheet and income statement? (Worth 3 pts.) 3. Does this information (in Part 2) influence your analysis of whether John has violated any ethical principles? Why or why not? Do you believe that John is justified in his thinking that it is only a timing difference and no one (including the company) is harmed by his actions. Is what John’s doing legal? Explain


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