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As an auditor, you obtained the following information concerning wages and salaries. At the start of the year, the company had 30 staff, and the
As an auditor, you obtained the following information concerning wages and salaries. At the start of the year, the company had 30 staff, and the pay range for each was $35,000 to $ 65, 000 per year All staff were given a 10% rise in the current year. There were 4 new staff during the current year. The salaries expense for the year shown in the draft profit-loss statement is $ 1,500,000. Required: Using analytical procedures, perform a proof in total on the salaries expense for the year
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