Auditing and Assurance Services (16th Edition)
Auditing and Assurance Services (16th Edition)
16th Edition
ISBN: 9780134065823
Author: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Publisher: PEARSON
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Chapter 21, Problem 29DQP

a.

To determine

Calculate the adjustments that must be made to the client’s physical inventory at December 31, 2016.

b.

To determine

Prepare a worksheet of adjusting entries are required as of December 31, 2016.

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