Question
The supplies inventory on August 1, 2014 was $9,350. Supplies costing $22,150 were acquired in cash on September 11, 2014 and charged to the supplies
The supplies inventory on August 1, 2014 was $9,350. Supplies costing $22,150 were acquired in cash on September 11, 2014 and charged to the supplies inventory. A count on July 31, 2015 indicated supplies on hand of $8,810. There was no other transaction related to supplies during the fiscal year ending July 31, 2015.
September 11, 2014
July 31, 2015
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Auditing Information Systems
Authors: Mario Piattini
1st Edition
1878289756, 9781878289759
