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Use apollo shoes case online to answer the question 5 in the document. Thank you Apollo Shoes - Project 4 -Wrap-up 1) Review trial balance
Use apollo shoes case online to answer the question 5 in the document. Thank you
Apollo Shoes - Project 4 -Wrap-up 1) Review trial balance for all material accounts not covered during the audit (especially revenue and expense accounts). Prepare a schedule of those accounts (if any) and provide support for those items, if available. 2) Summary of all adjustments (make appropriate assumptions where the exact debit or credit is not known - tickmark and explain those assumption) 3) Assume all adjustments are made - except where the Apollo shoes case indicates that management will not make the adjustment. Prepare the balance sheet and income statement - footnotes are not required. 4) Prepare a Management representation letter 5) Prepare a memo to the audit committee summarizing the audit and indicating the type of opinion that should be issued (justify your opinion) and any other issues that you need to communicate to the audit committee (see chapter 11) - no more than 3 pages. 6) Prepare and audit reportStep by Step Solution
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