Question: Part 2: Inventory Subledger Analysis with Excel This part of the data analysis verifies that you have all of the client's data related to the

Part 2: Inventory Subledger Analysis with Excel This part of the data analysis verifies that you have all of the client's data related to the inventory (completeness) and tests the accuracy of the client data. In this part, you will recalculate client calculations as part of the testing process. Test the accuracy of the client's data by reconciling the inventory sub-ledger detail (Version B Tab) balance to the general ledger inventory balance as reported on the balance sheet. Document your procedures and results. (2 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!