The following are the differences between recorded and audited amounts for ABC Inc.. What is the amount
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Question:
The following are the differences between recorded and audited amounts for ABC Inc.. What is the amount of each misstatement and the percentage differences? Fill in the blanks.
Item | Recorded Amount | Audited Amount | Misstatement | % (3 decimal places) |
1 | 637.00 | 673.00 | ? | ? |
2 | 591.00 | 590.00 | ? | ? |
3 | 850.00 | 875.00 | ? | ? |
4 | 1200.00 | 1020.00 | ? | ? |
5 | 745.00 | 547.00 | ? | ? |
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0134065823
16th edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Posted Date: