Which of the Following Journal Entries Is Most Likely a Fraudulent

question 6

Multiple Choice

Which of the following journal entries is most likely a fraudulent journal entry?

• A) an entry involving debit to Accounts Receivable and credit to Sales Revenue
• B) an adjusting entry involving debit to Sales and credit to Loans to Employees
• C) an entry involving debit to Cash and credit to Notes Receivable
• D) an adjusting entry involving debit to Depreciation Expense and credit to Furniture

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Definitions:

3-pentanone

An organic compound characterized by a five-carbon chain with a ketone functional group at the third carbon atom.

Enamine

Derivatives of alkenes formed from the reaction between a secondary amine and a carbonyl group, often used as intermediates in organic synthesis.

Imine

A functional group or compound featuring a carbon-nitrogen double bond, often formed by the condensation of an aldehyde or ketone with an amine.

Racemizes

Refers to the process of converting an optically active compound into a racemic mixture, meaning a blend of equal amounts of enantiomers.