DEVRY ACCT 216 Week 1 Homework (v 2)
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<strong>DEVRY</strong> <strong>ACCT</strong> <strong>216</strong> <strong>Week</strong> 1 <strong>Homework</strong> (v 2)<br />
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1.Please write a four-to-six sentence paragraph on the following question. Good business and<br />
accounting practices require the exercise of good judgment.<br />
How should ethics be incorporated into making accounting judgments? Why is ethics important?<br />
2.Sharon Kent is a realtor. She organized her business, called SK Realty, as a corporation on April 1,<br />
2013.<br />
Sharon started the business by depositing $105,000 in cash into the business bank account and issued<br />
herself common stock. Consider the following facts as of April 30, 2013
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