In: Accounting
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 |
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Trade accounts receivable |
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Notes receivable |
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Inventories |
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Land |
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Buildings, net |
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Furniture, fixtures, and equipment, net |
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Trade accounts payable |
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Mortgages payable |
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Capital stock |
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Retained earnings |
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Sales |
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Cost of sales |
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General and administrative expenses |
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Legal and professional fees |
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Interest expense |