Directions: Analyze the problem carefully and answer the questions that follow. Write your answers on a separate sheet of раper. Hannah Mae Vista graduated as summa cum laude with the degree of B.S. Accountancy and got her job through her brother's recommendation. She has served as an accountant on Vista Accounting Firm for three years. She has been very passionate about her work since it was her dream to be an accountant. One day, when she was doing the financial reports of the company, she noticed that the debit and the credit sides were not balanced, She kept finding the errors but found none. Unexpectedly, Hannah's boss approached and told her that he got cash amounting o Pip 1o.000.00 for personal usc but he refused to record it as drawings of mnarawals. Fler boss wanted to record the Phn 100.000.00 as expenses éven tmotis" it was used for his personal obligations.

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