GEN COMBO LL PRINCIPLES OF AUDITING & OTHER ASSURANCE SERVICES; CONNECT AC
GEN COMBO LL PRINCIPLES OF AUDITING & OTHER ASSURANCE SERVICES; CONNECT AC
21st Edition
ISBN: 9781260427202
Author: Ray Whittington, Kurt Pany
Publisher: McGraw-Hill Education
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Chapter 11, Problem 9RQ
To determine

Describe the three other procedures conducive to strong internal control.

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Can you solve this general accounting problem using appropriate accounting principles?
Quick answer of this accounting question
Beacon Manufacturing has $85,000 in assets. They also have $32,000 in liabilities and $8,500 in expenses, and they paid out $6,200 in dividends this year. The extended accounting equation is assets = liabilities + (revenue - (expenses + dividends)). What would their revenue need to be for their accounts to be in balance?

Chapter 11 Solutions

GEN COMBO LL PRINCIPLES OF AUDITING & OTHER ASSURANCE SERVICES; CONNECT AC

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