Better Days Ahead a charitable organization has a standing agreement with First

Better Days Ahead a charitable organization has a standing agreement with First National Bank. The agreement allows Better Days Ahead to overdraw its cash balance at the bank when donations are running low. In the past Better Days Ahead managed funds wisely and rarely used this privilege. Jacob Henson has recently become the manager of Better Days. To expand operations Henson acquired office equipment and spent large amounts on fundraising. During Hensons tenure Better Days Ahead has maintained a negative bank balance of approximately $10000.What accounts do you see being affected as a result of Jacob Hensons actions? Which accounts do you think would experience a debit? Which accounts do you think would experience a credit? How would a negative bank balance be listed in a Trial Balance? Is there an ethical issue in this situation? Do you approve or disapprove of Jason Hensons management of Better Days Aheads funds?Answer question twice 200 word min. APA

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