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Unformatted text preview: 40,000 Additional Paid-in-CapitalCommon 118,000 Retained Earnings 442,000 Treasury Shares (9,000) Receivable from Exercise of Stock Options (1,000) $ 663,000 a. What are the deficiencies in this disclosure? b. What further disclosures should be made in the footnotes? How does the auditor go about auditing these disclosures for accuracy and completeness?...
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- Fall '08
- Balance Sheet