t 9:51 pm NA mend FL Chegg Home Study tools My courses My books My folder Career Life P homework questers Enter question You have just completed the audit of your client's asset continuity schedule and determined that the amortization for the production equipment and software has bem overstated by $300,000 and $100,000 respectively (both are material amounts Building and vehicle amortization is correctly calculated Prepare the adjusting entry if the client considers buildings and equipment as production overhead and software and vehicles as selling, general and administrative expenses The client has sold 85% of the inventory it produced during the audit period 15 marks) Show to bed image text Expert Answer Continue to po My Textbook Solutions Anonymous and this A Production overhead dr S 300000 S x00000 To building and equipm (to adjusting the value of building and equipment and production overhead) this effect deceses the value of equipment and decreses production overhead also seling general and administration dr aboood amptions are made about a specific individual based on the 23 4) F6 8C PrtScn FB Home P9 End PgUp F10 F11 A & ( ) 6 7 8 9 0 Auditing VOTE 7:39 PM 4/20/2022 PgDn F12 ins Back