24-27 The field work for the June 30, 2019, audit of Tracy
Brewing Company was finished August 19, 2019, and the completed
financial statements, accompanied by the signed audit reports, were
mailed September 6, 2019. In each of the highly material
independent events (a. through h.), state the appropriate action (1
through 4) for the situation and justify your response. The
alternative actions are as follows:
1. Adjust the June 30, 2019, financial statements.
2. Disclose the information in a...