2023 At the end of the current month Gil Frank prepared a trial balance for College App | Assignments Online

2023 At the end of the current month Gil Frank prepared a trial balance for College App | Assignments Online

Assignments Online 2023 Business Finance

At the end of the current month, Gil Frank prepared a trial balance for College App Services. The credit side of the trial balance exceeds the debit side by a significant amount. Gil has decided to add the difference to the balance of the miscellaneous expense account in order to complete the preparation of the current month’s financial statements by a 5 o’clock deadline. Gil will look for the difference next week when he has more time.

  1. Discuss whether Gil is behaving in a professional manner.

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