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What does an agreed balance sheet tells us

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Question - An external auditor Hadi & Co has conducted an external audit of Nestle Limited for the year 2019. During the audit the auditor raised an observation that there is disagreement in the balance sheet when its subtotals are counted but overall Grand total balances are in agreement. Explain why disagreement in the Balance sheet occurs. What does an agreed Balance sheet tells us?

Reference no: EM132568233

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