LO 11-11 11-24 M UIAW-HIII's Connect Accounting. connect You are the auditor for KPDZ Corporation. You gathered comparative infor- ACCOUNTING mation for inventory and accounts payable and calculated the days pur- chases in accounts payable. 2012 2013 Inventory $34,270 $57,921 Accounts payable $ 8,295 $10,628 Days purchases in accounts payable 44.2 days 44.6 days (365 days/payables turnover) Required: Prepare a list of possible concerns that you might have about potential mis statements in both accounts