The goal of an audit of financial statements is to enable an auditor to specific an opinion as to whether or not the economic statements are prepared, in all material respects,
in accordance with International Financial Reporting Standards or another recognized financial reporting framework.
<h3>What is the primary motive of monetary statements?</h3>
This studying has presented an overview of economic statement analysis. Among the principal factors included are the following: The principal purpose of financial reports is to furnish records and records about a company's economic position and performance, consisting of profitability and cash flows.
Learn more about financial statement audits here:
<h3>
brainly.com/question/20713734</h3><h3>#SPJ4</h3>
The answer to this problem would be c :))
Answer:
core competencies
Explanation:
From the question we are informed about who Spring Resources LLC creates unique value by establishing a learning organization that coordinates various production tactics and assimilates different types of technologies. This knowledge is distributed to the entire organization so that its branches can adapt and perform according to their own markets. These tactics and technologies distributed throughout the organization that create value for Spring Resources LLC are termed
Core competencies.
Core competencies can be regarded as resources as well as capabilities which comprise all strategic advantages of a business.
Answer:
Explanation:
1. Service revenue (December 31, 2013) income statement = $582,735 + $64,000 = $646735
Company also performed $64,000 of services which were neither billed nor paid,adjusting entry:
Dr Accounts receivable 64000
Cr Service revenue 64000
2. Amount reported on the December 31, 2013 balance sheet as unearned revenue = $108,000
unearned revenue - revenue which has not been earned yet, but recorded in accounts
3. Amount reported on the December 31, 2013 balance sheet as accounts receivable = $64,000
Accounts receivable 64000
To service revenue 64000
$30 is consumer surplus
I am assuming your typo is actually $33