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AP-100S (AP-100Q Answers & Solutions)

The document is a 13-page solution guide from ReSA - The Review School of Accountancy for Quiz 1 on auditing stockholders' equity. It provides detailed explanations and solutions for various audit problems related to the financing cycle and stockholders' equity. The guide covers topics such as audit procedures for common stock, preferred stock, additional paid-in capital, retained earnings, and stock dividends and splits. It aims to help reviewees preparing for the CPA licensure exam understand how to audit accounts in the stockholders' equity section of the balance sheet.

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Ma. Alyssa Petilla

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0% found this document useful (0 votes)

4K views13 pages

AP-100S (AP-100Q Answers & Solutions)

The document is a 13-page solution guide from ReSA - The Review School of Accountancy for Quiz 1 on auditing stockholders' equity. It provides detailed explanations and solutions for various audit problems related to the financing cycle and stockholders' equity. The guide covers topics such as audit procedures for common stock, preferred stock, additional paid-in capital, retained earnings, and stock dividends and splits. It aims to help reviewees preparing for the CPA licensure exam understand how to audit accounts in the stockholders' equity section of the balance sheet.

Uploaded by

Ma. Alyssa Petilla

Copyright

© © All Rights Reserved

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as PDF, TXT or read online on Scribd

You are on page 1/ 13

ReSA - THE REVIEW SCHOOL OF ACCOUNTANCY

CPA Review Batch 42 October 2021 CPA Licensure Exam Solution to Quiz1

AUDITING (Auditing Problems) S. Ireneo C. Espenilla

AP-100S: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 1 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 2 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 3 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 4 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 5 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 6 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 7 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 8 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 9 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 10 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 11 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 12 of 13 0915-2303213/0908-6567516 www.resacpareview.com

ReSA – THE REVIEW SCHOOL OF ACCOUNTANCY AP-100S
Solution to Quiz1: FINANCING CYCLE: AUDIT OF STOCKHOLDERS’ EQUITY

Page 13 of 13 0915-2303213/0908-6567516 www.resacpareview.com

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