Misstatement in

Difference: Related Accounts

Books
Over Timing Misstatement Other Balance Income
Vendor Balance Amount (Under) Difference: in Accounts Sheet Stmt mis-
Key Accounts Per Confirmed Amount No Payable Misstatement statement Brief
(>$250,000) Books by Vendor Confirmed Misstatement o/s (u/s) o/s (u/s) o/s (u/s) Explanation

FiberChem 793,050 825,550 (32,500) (32,500) (32,500) FOB Origin ( Inventory and A/P)
Total 793,050 825,550 (32,500) -- (32,500) (32,500) --

Accounts in Stratum
$50,001 - $250,000
Timing difference – shipment in
transit  nanti barang akan
Mobil 93,210 131,022 (37,812) (37,812) diterima dan dicatat di 3 Januari
Unrecorded A/P (Purchases and
Norris 88,315 205,611 (117,296) (117,296) 117,296 A/P)
Remington 123,411 123,411 -- 53,529 (53,529) Pinnacle recorded FOB shipment
before received (Purchases and
A/P)
Advent 51,750 59,250 (7,500) (7,500) (7,500) B/S fixed asset error
Total 356,686 431,137 (162,608) (37,812) (71,267) (7,500) 63,767
Accts in Stratum
less than or equal to
$50000
Timing difference – payment in
Fuller 32,470 39,570 (7,100) (7,100) transit
Total 32,470 39,570 (7,100) (7,100) -- -- --