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The following data are taken from the unadjusted trial balance of the Westcott Company at December 31, 2013. Each account carries a normal balance and the accounts are shown here in alphabetical order.
1. Use the data above to prepare a worksheet. Enter the accounts in proper order and enter their balances in the correct debit or credit column.2. Use the following adjustment information to complete the worksheet.a. Depreciation on equipment, $3 b. Accrued salaries, $6 c. The $12 of unearned revenue has been earnedd. Supplies available at December 31, 2013, $15e. Expired insurance,$15
Which of the following is the least accurate statement regarding concepts as defined by the COSO framework?
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If Best Company sold office equipment that originally cost $7,500 and had $7,200 of accumulated depreciation at a $100 loss, what was the selling price for the office equipment?
Required: Describe weaknesses in internal control over information and data flows and the procedures for processing shipping notices and customer invoices, and recommend improvements in these controls and processing procedures.
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