need part A answered

16-27 The schedule on the following page was prepared by the controller of World Man. ufacturing, Inc., for use by the independent auditors during their examination of World's year-end financial statements. All procedures performed by the audit assis. tant were noted in the "Legend" section; the schedule was properly initialed, dated, and indexed and then submitted to a senior member of the audit staff for review Internal control was reviewed and is considered to be satisfactory. Required: a. What information that is essential to the audit of debt and equity securities is missing from this schedule? b. What essential audit procedures were not noted as having been performed by the audit assistant? (AICPA, adapted) and in audit the financial statements of Vernon Distribu- WORLD MANUFACTURING Matecuritie Year Ended December 31, 2018 Dividends & Interest Sald Genero Ledger Desconto of Security Face Ville of Bonds Serial Ne Purchased in 2018 General Ledger 12/31 12/31 Market Pay Dotes) Ant Rec Accruals 12/31 2018 Cost Y Due Corp Bonds % 6 2023 217 10.000 9.4000 9.400 9,100 1/15 7/15 12/1 8/1 300b,d 300b.d 1.2006, 450b, 27,500 4,000 26.220 5.080 275 100 188 G R 4 9 5 10 2019 2024 2021 2026 27.500 4,0000 56,000 730 15-4 08-2 074 30,000 5,000 70.000 100,000 57,000. 66,000 7/1 5,000 100.000 100,000 100,000 140.900 101,250 141,650 5,0005, 7.250 106.900 57,000 66.000 5,560 al 1 1 f Stocks P1,000 h Como 1,044 7.500 7.500 7.600 11 61 911 12/1 750. 750,0 750b.d 750b.d 250 0510 9,7004 9,700 9.800 USO shi Common 211 BI 800.d B006, 667 17.400 4.600 917 17,200 af 17.200 tg 1 1 Legends and comment relative to above schedule fleeing balances are to prior year woning Dodach cepts Board of director ined-purchases and we proved ..And to 10 .-Conned by trading to broker's advice 1 footed to general de