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You have been assigned to select an MUS sample from Whitney Company's detailed inventory records as of September 30. Whitney's controller gave you a
You have been assigned to select an MUS sample from Whitney Company's detailed inventory records as of September 30. Whitney's controller gave you a list of the 23 different inventory items and their recorded book amounts. The senior accountant told you to select a sample of 10 dollar units and the inventory items that contain them. ID Amount ID 1 $1,750 7 Amount $1,255 2 1,492 8 3 994 9 3,761 1,956 4 629 10 1,393 5 2,272 11 884 6 1,163 12 729 ANYO ID Amount 13 $ 937 ID Amount 19 $2,577 14 5,938 20 1,126 15 2,001 21 565 16 222 22 2,319 17 1,738 23 1,681 18 1,228 Required: Prepare audit documentation showing a systematic selection of 10 dollar units and the related logical units. Arrange the items in their numerical identification number order and use a random starting point at the 1,210th dollar. ID Recorded Amount Cumulative Amount Dollar Selected Selected Logical Unit 1 $ 1,750 1,210 2 1,492 3 994 4 629 5 2,272 6 1,163 7 1,255 8 3,761 9 1,956 10 1,393 11 884 12 729 31 13 937 14 5,938 15 2,001 16 222 17 1,738 18 1,228 19 2,577 2222 20 1,126 21 565 2,319 23 Total 1,681
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