You are the auditor of Star Manufacturing Company. A trial balance taken from the books of Star

Question:

You are the auditor of Star Manufacturing Company. A trial balance taken from the books of Star at year-end follows. image text in transcribed

Required:

a. Which accounts should be confirmed with outside sources?

b. Describe by whom they should be confirmed and the information that should be confirmed.

c. Organize your answer in the following format. image text in transcribed

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:31 AM

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You are the auditor of Star Manufacturing Company. A trial balance taken from the books of Star

Question:

Account Cash in bank Trade accounts receivable Notes receivable Inventories Land Buildings, net Furniture, fixtures, and equipment, net Trade accounts payable Mortgages payable Capital stock Dr. (Cr.) 87,000 345,000 125,000 317,000 66,000 350,000 325,000 (235,000) (400,000) (300,000)

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Auditing An Assertions Approach

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