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Essay Question (10 points) You are engaged to do the audit of Burr Corporation for...

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Accounting

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Essay Question (10 points) You are engaged to do the audit of Burr Corporation for the year ending December 31, 20X6. The attached additional information is found during the audit. The attached schedule for property, plant, and equipment and the related accumulated depreciation accounts have been prepared for you by the client. You have verified the opening balances for the year with the prior year's audit working papers. The attached additional information is found during the audit REQUIRED: () In addition to inquiry of the client, explain how you would have found each of the items included as part of the additional information during the audit. (2) Prepare the adjusting journal entries you would recommend, if any, and provide appropriate supporting computations, to adjust the property, plant, and equipment accounts for the transactions attached. Ignore income tax considerations

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