Question

In: Accounting

7-27. As auditor of the Star Manufacturing Company, you have noticed the following accounts on the...

7-27. As auditor of the Star Manufacturing Company, you have noticed the following accounts on the trial balance taken from the books of Star one month before year-end:

Account Name

From Whom Confirm?

Information to Confirm

Cash in bank

Trade accounts receivable

Notes receivable

Inventories

Land

Buildings, net

Furniture, fixtures, and equipment, net

Trade accounts payable

Mortgages payable

Capital stock

Retained earnings

Sales

Cost of sales

General and administrative expenses

Legal and professional fees

Interest expense

Solutions

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