describe the substantive audit procedures you will perform on  a) payroll transactions in the profit and loss account

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A: Inventory Flows based on LiFo method.LIFO valuation is a method of inventory valuation that takes…

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A: WEIGHTED AVERAGE METHOD :— Under this method, equivalent units is calculated by adding equivalent…

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Q: Beginning inventory, purchases, and sales for Item Zeta9 are as follows: Oct. 1   Inventory 49…

A: FIFO stands for First in Forst Out. Using FIFO, the oldest inventory is sold out and newer inventory…

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