Account Name Cash 2018 Unadjusted Trial Balance 1,320,096 Performance Materiality 20,000 40,000 Accounts receivable 1,762,682 Allowance...

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Account Name Cash 2018 Unadjusted Trial Balance 1,320,096 Performance Materiality 20,000 40,000 Accounts receivable 1,762,682 Allowance for doubtful accounts 116,636 CR 15,000 Inventory Prepaid expenses 13.524,349 50,000 17,720 2,000 Deposits 7,916 1,000 Land 100.000 -0- Automobiles Equipment Office equipment Building Accumulated depreciation Accounts payable 42.772 1,006 134,919 3.000 49,028 1,000 525.840 10,000 256,042 CR 5,000 1,750,831 CR 30,000 Accrued liabilities 257,800 CR 10,000 Federal income taxes payable 35.284 CR 5,000 Notes payable - bank 5,100,000 CR 50,000 Current portion of long-term debt 5.642 CR 1.000 Long-term debt 409,824 CR 10,000 Common stock 10,000 CR 1.000 Additional paid-in capital 2,500,000 CR 10,000 Combined performance materiality (total of column 3) Preliminary judgment about materiality (from w/p 5-3-a) 63,000 Multiply preliminary judgment by 3 x 3.00 Total (combined performance materiality must be less than this total) 189,000 Account Name Cash 2018 Unadjusted Trial Balance 1,320,096 Performance Materiality 20,000 40,000 Accounts receivable 1,762,682 Allowance for doubtful accounts 116,636 CR 15,000 Inventory Prepaid expenses 13.524,349 50,000 17,720 2,000 Deposits 7,916 1,000 Land 100.000 -0- Automobiles Equipment Office equipment Building Accumulated depreciation Accounts payable 42.772 1,006 134,919 3.000 49,028 1,000 525.840 10,000 256,042 CR 5,000 1,750,831 CR 30,000 Accrued liabilities 257,800 CR 10,000 Federal income taxes payable 35.284 CR 5,000 Notes payable - bank 5,100,000 CR 50,000 Current portion of long-term debt 5.642 CR 1.000 Long-term debt 409,824 CR 10,000 Common stock 10,000 CR 1.000 Additional paid-in capital 2,500,000 CR 10,000 Combined performance materiality (total of column 3) Preliminary judgment about materiality (from w/p 5-3-a) 63,000 Multiply preliminary judgment by 3 x 3.00 Total (combined performance materiality must be less than this total) 189,000