Homework Clinic

Social Science Clinic => Accounting => Topic started by: jake on Jul 5, 2018

Title: A(n) ______________________________ control plan is designed to discover problems that have ...
Post by: jake on Jul 5, 2018
A(n) ___________________ ___________ control plan is designed to discover problems that have occurred.
 Fill in the blank(s) with correct word

Question 2

On May 1, Counts, Inc has a balance of 1,000 in office supplies. During May, the company buys 500 more of the office supplies. On May 31, the company counts the supplies and finds 200 of supplies remaining.
 
  What will the company report on its May 31 balance sheet?
  A) Supplies expense of 500
  B) Supplies of 1,300
  C) Supplies of 200
  D) Supplies expense of 1,500
Title: A(n) ______________________________ control plan is designed to discover problems that have ...
Post by: peilian on Jul 5, 2018
Answer to Question 1

detective

Answer to Question 2

C