Finance and Accounting, Assignment
Tolerable Misstatement
provide explanation for these of the following:
1-If I set tolerable misstatement for account receivable 2% of the account.
2-If I set tolerable misstatement for prepaid advertising 2% of the account.
3-If I set tolerable misstatement for Computer hardware and software 1% of the account.
4-If I set tolerable misstatement for Leasehold improvements 5% of the account.
5-If I set tolerable misstatement for Accumulated depreciation and amortization 0% of the account.
6-If I set tolerable misstatement for Intangibles, net 6% of the account.
7-If I set tolerable misstatement for account payable 0% of the account.
8-If I set tolerable misstatement for Accrued liabilities 0% of the account.
9-If I set tolerable misstatement Income taxes payable 0% off the account.
Leasehold improvements
Accumulated depreciation and amortization
Explanations to support Work Paper 3-8, continuing
ACCOUNT NAME TOLERABLE MISSTATEMENT EXPLANATION
Intangible assets, net
Accounts payable
Explanations to support Work Paper 3-8, continuing
ACCOUNT NAME TOLERABLE MISSTATEMENT EXPLANATION
Accrued liabilities
Income taxes payable