Dixie Bell Williams Dixie Bell Williams is Controller for a moderate size company....
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Accounting
Dixie Bell Williams
Dixie Bell Williams is Controller for a moderate size company. The company is seeking to secure a bank loan to hopefully expand business to enable the company to get out of the slump it is in. In order to accomplish this, the bank loan is critical.
Dixie Bell knows the coming cutoff will make the company look bad so she decides to change the cutoff date to include amounts that should be reported in the next period.
Dixie Bell comes to you. You are the Chief Accountant. Dixie Bell tells you: you are going to make specific journal entries that will include revenue from next period but you are not to include expenses that should be matched to those revenues. Dixie Bell promises you it will be straightened out sometime next period. She also instructs you to sign authorizing the journal entries.
What do you do?
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