Enter general information. CLINT New Millennium Benproducts Period end: 125016 Currencyl'uni soon Stop 2: Lead schedules. 31/1220 31/1 32021 3M/13 2010 Account mo Account Numne Fro-adjusted Adjustments Year Interim Prior Year Variance IM/Rel 20100 Trade parables -8010 6500 -1500 235 NO 21100 Other parables -1 800 -1800 -1600 F-TOTAL TOTAL -9810 -8100 -1703 215% Step 3: Account delallks, raths, and KFL 31/12/2021 3V12/2020 Average Payment Period 360 Days - Average AlP 31 dig 30 days Annual Purchases of Goods and Services Expectations about account balances, ratios, and KP'is: Due to the nature of the client's business and the stability of the primary markets in which it operaies, we do not expect the accounts payables balance or creditors days to vary year on year. Comments: Account dotails ame consistent with previous period and in line with es poctationes FIGURE 10.6 |Working paper for accounts payable. Working papers document the audit evidence collected by the auditors during the financial statement audit. The lead schedule for accounts payable will appear at the beginning of the accou file. Which of the following would be included on the lead schedule? Pre-adjusted current year's balance and prior year's balance b. Details of transactions tested for payables c. Conclusion reached on the overall opinion of the balance in accounts payable Agreement of current year's balance to payables balance on trial balance Difference between pre-adjusted balance and prior year balance Documentation showing the vouching of specific accounts payable balances Answer: Compare the information for the current year with the details for the prior year. Do you agree with the auditor's conclusion? Why