You have been assigned to audit the fixed asset ledger for the Mystery Lovers Bookstore.The balance sheet for the store includes building and equipment in the long-term asset section.For each type of transaction,identify audit procedures that you could use to gather audit evidence.These audit procedures may be either substantive or analytical procedures. $\underline{Transaction}\quad~~~~~~~~~~~~~~~~ \underline{Audit~ procedure}$

Building additions

Equipment deletions

Question

You have been assigned to audit the fixed asset ledger for the Mystery Lovers Bookstore.The balance sheet for the store includes building and equipment in the long-term asset section.For each type of transaction,identify audit procedures that you could use to gather audit evidence.These audit procedures may be either substantive or analytical procedures.

\underline{Transaction}\quad~~~~~~~~~~~~~~~~ \underline{Audit~ procedure}

Building additions

Equipment deletions

Quizplus · Accepted Answer

The Answer of You have been assigned to audit the fixed asset ledger for the Mystery Lovers Bookstore.The balance sheet for the store includes building and equipment in the long-term asset section.For each type of transaction,identify audit procedures that you could use to gather audit evidence.These audit procedures may be either substantive or analytical procedures. $\underline{Transaction}\quad~~~~~~~~~~~~~~~~ \underline{Audit~ procedure}$ Building additions Equipment deletions

You Have Been Assigned to Audit the Fixed Asset Ledger Transaction‾ Audit procedure‾\underline{Transaction}\quad~~~~~~~~~~~~~~~~ \underline{Audit~ procedure}Transaction​ Audit procedure​

You Have Been Assigned to Audit the Fixed Asset Ledger $\underline{Transaction}\quad~~~~~~~~~~~~~~~~ \underline{Audit~ procedure}$