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Question 1: In the continuing audit of a manufacturing company of medium size, which of the following areas would you expect to require the least amount of audit time?
Multiple Choice
Option 1: Owners' equity.
Option 2: Revenue.
Option 3: Assets.
Option 4: Liabilities.
Prepare journal entries for each transaction (list the date, accounts and amounts debited and credited in good form)
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In Module 5, you will be submitting a three page paper analyzing the financial strength of the three companies and discussing which company would be the most.
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