Principles of Auditing & Other Assurance Services (Irwin Accounting)
Principles of Auditing & Other Assurance Services (Irwin Accounting)
20th Edition
ISBN: 9780077729141
Author: Ray Whittington, Kurt Pany
Publisher: McGraw-Hill Education
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Chapter 10, Problem 39OQ
To determine

Indicate the auditing procedure for the possible misstatement due to error and fraud.

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Land 302,376.77 Machinery 0.03 Fixtures 47,092.83 Real estate investments 3,752,595.13 Intangible 638.27 Loans granted 66,185.63 Other receivables 255,827.55 Cash and cash equivalents 11,375.75 Share Capital -565,500.00 Fair value differences -175.17 Bond Loans -6,358,664.28 Reserves of laws -343.41 Results in new 2,290,557.96 Suppliers 204,384.45 Other liabilities -83,311.76 Obligations from taxes and fees 67,588.53 Obligations owed to insurance institutions 9,371.72 The company has the above amounts 31.12.2023 calculate me what the value of the share is in case it wants to sell its shares to a new shareholder. At what value the new transaction will be made. The number of shares is 145,000
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Assets   Liabilities   Earth 302,376.77 ΚΕΦΑΛΑΙΟ / CAPITAL 565,500.00 Machinery 0.03 Fair value differences 175.17 Fixtures 47,092.83 Reserves of laws 343.41 Real estate investments 3,752,595.13 Results in new -2,290,557.96 Intangible 638.27  Total Equity -1,724,539.38 Loans granted 66,185.63     Other receivables 537,172.25 Bond Loans 6,358,664.28 Cash and cash equivalents 11,375.75 Other liabilities 83.311.76      Total Liabilities 6,441,976.04 TOTAL ASSETS 4,717,436.66 Total Liabilities and Equity 4,717,436.66     The company wants to sell 145,000 shares to a new shareholder. What will be the value of the share according to the above balance sheet?

Chapter 10 Solutions

Principles of Auditing & Other Assurance Services (Irwin Accounting)

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