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Complete problems 4-5A and 4-6A. When responding to the analysis component of 4-5A, think critically about the possible errors that are described.
Complete problems 4-5A and 4-6A. When responding to the analysis component of 4-5A, think critically about the possible errors that are described. In your answer, carefully analyze the worksheet as if the errors were made and present the evidence for your explanation. Identify the consequences of the errors and describe their affect on the financial statements. Explain whether the error is likely to be discovered when completing the worksheet.