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9:18 AM Mon Jan 20 C13 #2 Problem 13-03A a-c (Video) The stockholders' equity accounts of Blue Spruce Corporation on January 1, 2020, were as Preferred Stock (8%, $48 par, 10,500 shares authorized) Common Stock (51 stated value, 1,950,000 shares authorized Paid-in Capital in Excess of Par-Preferred Stock Paid-in Capital in Excess of Stated Value-Common Stock Retained Earnings Treasury Stock (11,000 common shares) $ 408,000 1,100,000 125,000 1,400,000 1,850,000 44,000 During 2020, the corporation had the following transactions and events...
Cloud 9 - Continuing Case W&S Partners has just won the January 31, 2023, audit for Cloud 9. The audit team assigned to this client is: • Partner, Jo Wadley • Audit manager, Sharon Gallagher • Audit senior, Josh Thomas . IT audit manager, Mark Batten • Experienced staff, Suzie Pickering . First-year staff, Ian Harper W&S Partners use the following percentages as starting points for the various benchmarks: Benchmark Threshold (%) Income before tax Total revenue Gross profit 2.0...
Lisa Chai Associates Bank Reconciliation July 31, 20 Bank statement balance, July 31 Add deposits in transit $2,764.40 $250.00 98.00 348.00 $3,112.40 Deduct outstanding checks: No. 296 No. 299 $73.50 17.80 No. 301 33.20 124.50 $2,987.90 Adjusted bank balance Book balance, July 31 Add error on Check No. 291 $3,084.90 23.00 $3,107,90 $110.00 Deduct: NSF check Bank service charge Adjusted book balance 10.00 120.00 $2,987.90 Check My Work 5 more Check My Work uses remang i > lyje 3 ons...
Cloud 9 - Continuing Case W&S Partners has just won the January 31, 2023, audit for Cloud 9. The audit team assigned to this client is: • Partner, Jo Wadley • Audit manager, Sharon Gallagher • Audit senior, Josh Thomas • IT audit manager, Mark Batten • Experienced staff, Suzie Pickering • First-year staff, Ian Harper As a part of the risk assessment phase for the new audit, the audit team needs to gain an understanding of Cloud 9's structure...