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Health Q: the following accounts and balances are taken from evan company's adjusted trial balance: accounts payable $10,000 accounts receivable 3,000 accumulated depreciation 1,400 depreciation expense 1,500 dividends 2,400 insurance expense 2,300 interest revenue 1,240 prepaid insurance 2,320 retained earnings 10,500 salary expense 24,100 service revenue 37,800 in the closing process, which accounts are credited? a) accounts receivable, prepaid insurance, salary expense b) depreciation expense, dividends, insurance expense, salary expense c) depreciation expense, insurance expense, salary expense, prepaid insurance d) interest revenue, service revenue
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si mark ta.himik yan. Brainly User Brainly User Answer: Reviewing the purchase return and allowance account. Which of the following accounts would most likely be reviewed by the auditor to gain reasonable assurance that additions to property, plant, and equipment are not understated? Repairs and maintenance expense. Explanation: pa brainlist po thanks Which of the following accounts would most likely be reviewed by the auditor to gain reasonable assurance that additions to the equipment?Reviewing the purchase return and allowance account. Which of the following accounts would most likely be reviewed by the auditor to gain reasonable assurance that additions to property, plant, and equipment are not understated? Repairs and maintenance expense.
Which of the following accounts should be reviewed by the auditors to gain reasonable assurance that additions to property plant are equipment and not understated?Which of the following accounts should be reviewed by the auditors to gain reasonable assurance that additions to property, plant, and equipment are not understated? Repairs. The auditors are most likely to seek information from the plant manager with respect to the: Existence of obsolete machinery.
Which of the following is most likely to be an audit objective in the audit of owner's equity?Which of the following is most likely to be an audit objective in the audit of owners' equity? Establish that recorded owners' equity includes all long-term debt and equity balances.
What major considerations should the auditor take into account in determining how extensive the review of subsequent events should be?the extent of the subsequent events review are:. The company's financial strength and stability of earnings.. The effectiveness of the company's internal controls.. The number and significance of the adjustments made by the auditor.. The length of time between the balance sheet date and the. ... . Changes in key personnel.. |