please show working notes. 7

As part of your first audit of the financial statements of Marina del Rey, Inc., you have decided to confirm some of the accounts payable. You are now in the process of selecting the individual companies to whom you will send accounts payable confirmation requests. Among the accounts payable you are considering are the following: Amount Payable Total Purchases from Company at Year-End Vendor during Year Dayco, Inc. $1,980, eee Gearbox, Inc. $ 22,650 46,100 Landon Co. 65,000 75, eee Western Supply 190,000 2,123, eee Required: 4. Which two of the above four accounts payable would you select as the most important to confirm? Dayco, Inc., Gearbox, Inc. O Dayco, Inc., Western Supply O Gearbox, Inc., Landon Co. O Landon Co., Western Supply b. Assume that you are selecting accounts receivable to be confirmed. Assume also that the four companies listed above are customers of your client rather than suppliers and that the dollar amounts are accounts receivable balances and total sales for the year. Which two companies would you select as the most important to confirm? Dayco, Inc. Gearbox, Inc. O Landon Co..Gearbox, Inc. O Western Supply, Landon Co. Western Supply, Dayco, Inc