Complete step 4a from the audit program E 1-1. Assume you have already completed this step for 55 of the 60 sample items and no deviations or misstatements were found. The documents and records for the remaining five sample items are provided at the following website www.pearsonhighered.com/beasley. Document the results of your work in audit schedules E 1-1 and E35.

 

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Form E 1-1 4. Select a sample of 40 receiving reports issued during the current year and perform the following. JA 2/14/15 Е34 a. Obtain the related purchase order and vendor invoice and determine if receiving report was properly accounted for in the purchase journal. AD 1/6/18 Е35 Form E 1-1 4. Select a sample of 40 receiving reports issued during the current year and perform the following. JA 2/14/15 Е34 a. Obtain the related purchase order and vendor invoice and determine if receiving report was properly accounted for in the purchase journal. AD 1/6/18 Е35

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Procedure adapted for completing the Form E 34 and E35A sample of 60 transactions are taken from the accounting period 20 each from the beginning of t... View the full answer