This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 650 u & Air Cond. furnace & heating systems Chicago, IL 11890 Vouchers less than $500 not listed 2350 Per client 14240 ^ Audit adjustments: (TB-IS) AJE #6 (A-7) 67 AJE #13 (6250) Balance per audit 8057 ^ Footed u Examined vouchers and supporting documents. Reasonably classified as repairs and maintenance. Z Items should be capitalized. Installation of packaging machine and rearrangement costs are required to ready the equiopment for service. Propose (AJE #13) to capitalize: Machinery and equipment 230 6250 Repairs and maintenance expense 828 6250 Depreciation expense 822 156 Accumulated depreciation - M&E 231 156...
View Full Document
- Spring '09