Show the distribution of income on the income
Joe & Sam Co. reports net income of $28,000. Interest allowances are Joe $7,000 and Sam $5,000; salary allowances are Joe $15,000 and Sam $10,000; the remainder is shared equally. Show the distribution of income on the income statement.
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Explain the risks of not reporting the results of your forensic assessment findings accurately. Provide specific examples.
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