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This simulation includes a Property Comparison ( consolidated balance sheet ran from inception to Nov ) , as well as a consolidated T 1 2

This simulation includes a Property Comparison (consolidated balance sheet ran from inception to Nov), as well as a consolidated T12 income statement (Jan-Nov). Property 1820 is the parent entity Property 1821 is the wholly owned sub entity Property 1820c is the entity used for consolidating financials Please review the financials. There are both technical accounting errors and more detail oriented mistakes that need to be identified. The Chart of Accounts, including account numbering, grouping, and formatting, can be disregarded for purposes of this exercise. However, there may be amounts coded to incorrect accounts that can be identified. What is your thought process, how do you approach the review, and what pertinent questions do you have about the financials?

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