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lvnrn2012 lvnrn2012
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In auditing debits and credits to retained earnings, other than net income and dividends, the auditors first concern is

▸ whether the transactions should have been included in retained earnings.

▸ whether the transactions have been accurately recorded.

▸ whether the transactions are classified correctly in the footnotes.

▸ whether the transactions existed as of the balance sheet date.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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silvermoon197silvermoon197
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Just got PERFECT on my quiz
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