Question
Indicate and briefly discuss any deficiencies in the working paper shown below. List each point separately, i.e. use asterisks. Emilyanne Company Inventory Schedule Item Quantity
Indicate and briefly discuss any deficiencies in the working paper shown below. List each point separately, i.e. use asterisks. Emilyanne Company Inventory Schedule Item Quantity Unit Total Cost Cost Dinosaurs 555 (A) 6.29 $ 3,490.95 Dragons (X) 1,126 5.55 6,249.30 Pink Purples 333 14.14 4,708.62 Robins 226 (A) 9.29 3,099.54 Chickadees 280 28.28 7,918.40 ----- -------- 2,520 $ 28,466.81 ===== ========= f This analysis is to provide some information about inventory. Explanatory legend A. Observed in warehouse and then noted on inventory count sheet during physical inventory. f. Footed. Answers: Deficiencies are: * Heading Missing Balance Sheet Date.
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