AUDITING+ASSURANCE 12MONTH ACCESS CARD
17th Edition
ISBN: 9780135635131
Author: ARENS
Publisher: WILEY
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Question
Chapter 15, Problem 28DQP
a.
To determine
Prepare a sampling plan that includes defining the sampling unit, establishing a numbering system for the population.
b.
To determine
Indicate the first five sample items for populations (1) through (3) from part a., using the random starting points shown.
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Creditors
Sales Revenue
22,500
1,143,700
Land at cost
550,000
Building at cost
570,000
Furniture and fittings at cost
85,000
Bank
14,000
Provision for Depreciation
Buildings
120,000
Furniture and fittings
15,000
Discounts
5,700
5,800
Retained Earnings at 1 Oct 2022
14,800
Provision for bad debts
2,200
Goodwill
400,000
Cash
16,400
Inventory at 1 Oct 2022
48,000
Rent Received(from Breezy Ltd)
27,000
Rent
7,900
Wages and Salaries
122,000
Insurance
16,300
Carriage Inwards
2,300
Returns
8,500
12,000
Commission received
5,200
8% Mortgage
100,000
Other Operating Expenses
2,500
Debtors
45,000
Purchases
340,000
Debenture Interest
1,200
Mortgage Interest
4,600
Bad debt
4,700
7% Debentures
150,000
4% Preference Shares @ $0.5
130,000
Ordinary Shares @ $0.75
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Interim ordinary dividends paid
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2,249,400
Chapter 15 Solutions
AUDITING+ASSURANCE 12MONTH ACCESS CARD
Ch. 15 - Prob. 1RQCh. 15 - Prob. 2RQCh. 15 - Prob. 3RQCh. 15 - Prob. 4RQCh. 15 - Prob. 5RQCh. 15 - Prob. 6RQCh. 15 - Prob. 7RQCh. 15 - Prob. 8RQCh. 15 - Prob. 9RQCh. 15 - Prob. 10RQ
Ch. 15 - Prob. 11RQCh. 15 - Prob. 12RQCh. 15 - Prob. 13RQCh. 15 - Prob. 14RQCh. 15 - Distinguish between the TER and the CUER. How is...Ch. 15 - Prob. 16RQCh. 15 - Prob. 17RQCh. 15 - Prob. 18RQCh. 15 - Prob. 19RQCh. 15 - Prob. 20RQCh. 15 - Prob. 21RQCh. 15 - Prob. 22RQCh. 15 - Prob. 23.1MCQCh. 15 - Prob. 23.2MCQCh. 15 - Prob. 23.3MCQCh. 15 - Prob. 24.1MCQCh. 15 - Prob. 24.2MCQCh. 15 - Prob. 24.3MCQCh. 15 - Prob. 25.1MCQCh. 15 - Prob. 25.2MCQCh. 15 - Prob. 25.3MCQCh. 15 - Prob. 26.1MCQCh. 15 - Prob. 26.2MCQCh. 15 - Prob. 26.3MCQCh. 15 - Prob. 27DQPCh. 15 - Prob. 28DQPCh. 15 - Prob. 30DQPCh. 15 - Prob. 31DQPCh. 15 - Prob. 32DQPCh. 15 - Prob. 36DQPCh. 15 - Prob. 37DQPCh. 15 - Prob. 38C
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