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Other Fields Homework Help Accounting Topic started by: edelynpl on Aug 1, 2022



Title: Actual interest expense is significantly higher than the auditor's estimate. This would most likely ...
Post by: edelynpl on Aug 1, 2022
Actual interest expense is significantly higher than the auditor's estimate. This would most likely lead the auditor to conclude that the client has not

▸ recorded all long-term interest-bearing debt in the accounting records.

▸ recorded all interest expense paid or accrued.

▸ properly accounted for the discount of bonds payable account.

▸ properly recorded interest income.


Title: Actual interest expense is significantly higher than the auditor's estimate. This would most likely ...
Post by: yoorimchi on Aug 1, 2022
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