Question
The following are the differences between recorded and audited amounts for ABC Inc.. What is the amount of each misstatement and the percentage differences? Fill
The following are the differences between recorded and audited amounts for ABC Inc.. What is the amount of each misstatement and the percentage differences? Fill in the blanks.
| Item | Recorded Amount | Audited Amount | Misstatement | % (3 decimal places) |
| 1 | 637.00 | 673.00 |
|
|
| 2 | 591.00 | 590.00 |
|
|
| 3 | 850.00 | 875.00 |
| |
| 4 | 1200.00 | 1020.00 | ||
| 5 | 745.00 | 547.00 |
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
9th Edition
0306457229, 978-0306457227
