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Question 2 (18 marks in total In connection with your audit of the financial statements Manufacturing for the Corp. year ended December 3 2016, your

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Question 2 (18 marks in total In connection with your audit of the financial statements Manufacturing for the Corp. year ended December 3 2016, your post balance-sheet substantive procedures di following on the next page For each of the subsequent events or contingent liability, indicate whether they result in: 1. Adjustment an adjusting entries required as of December 31, 2016. In the cases when adjustments are required, please justify your answer and indicate the account name and debiteredit to be adjusted. Extra mark given to the correct journal entry. 2. Disclosure disclosure required as of December 31, 2016 In the cases of disclosure, and suggest what should be disclosed in the footnote. Extra mark given to the correct disclosure content. 3. No Disclosure no disclosure needed as of December 31, 2016 In the cases of "no disclosure," please justify why no disclosure needed

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