A CPA is engaged in the annual audit of a client for the year ended December 31, 19X9. The client took a complete physical inventory under the CPA's observation on December 15 and adjusted its inventory control account and detail perpetual inventory records to agree with the physical inventory. The client considers a sale to be made in the period that goods are shipped. Listed in the following table are four items taken from the CPA's sales cutoff worksheet. Which item does not require an adjusting entry on the client's books?

Transcribed Image Text:

Recorded as Credited to Shipped a sale inventory control a. 12/31 1/2 12/31 b. 1/2 12/31 12/31 C. 12/14 12/16 12/16 d. 12/10 12/19 12/12