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Audit of the House Beauty Shop, Calendar Year 1976

GGD-77-54 Published: Jun 08, 1977. Publicly Released: Jun 08, 1977.
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Highlights

The accounts records provided by the House Beauty Shop, which were maintained on a cash basis, were adjusted to present the Shop's financial position and results of operations on an accrual basis. These statements do not include the cost of certain benefits and services, such as rent and utilities, which the Shop does not pay.

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Topics

Auditing and Financial Management
AccountingCivil auditsFinancial recordsLegislative bodiesDepreciationAudit reportsTax deductionCash basis accountingAccounts payableAccounts receivable