Jean Rogers, CPA, is a member of the AICPA, the IMA, and the FEI (see Chapter 1); she is employed…

Jean Rogers, CPA, is a member of the AICPA, the IMA, and the FEI (see Chapter 1); she is employed as the controller of Barnes, Egan & Harder LLP. On June 30, 2005, the end of the partnership’s fiscal year, partner Charles Harder informed Rogers that the proceeds of a $100,000 personal loan to him by Local Bank on a one-year, 8% promissory note had been deposited in the partnership’s checking account at Local Bank. Showing Rogers a memo signed by all three partners that approved the partnership’s repayment of Harder’s personal loan, including interest, Harder instructed Rogers to account for the loan proceeds as a credit to his partnership capital account and to recognize the partnership’s subsequent payments of principal and interest on the loan with debits to Charles Harder, Drawing and Interest Expense, respectively


May Jean Rogers ethically comply with Charles Harder’s request? Explain.

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