Confirmation. You have been instructed to audit the financial statements of Kingfisher Manufacturing Company of Nottingham, UK.

You are furnished the following condensed balance sheet:

Your assistant will be carrying out most of the work, State for his guidance what information he should request third parties to confirm directly to him.

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Cash 100,000 Accounts receivable - trade 300,000 Deposits, due from officers, etc. 100,000 Inventory 400,000 Plant and equipment 1,000,000 Investments and advances-subsidiaries 400,000 Prepaid expenses & other assets 100,000 2,400,000 Notes payable 200,000 Accounts payable - vendors 200,000 Rent, taxes, etc., payable 300,000 Long-term debt 500,000 Capital stock 1,000,000 Retained earnings 200,000 2,400,000