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What client information is needed by auditors in creating lead schedules? Answer Interim statements prepared by the client for the company's 3rd quarter financial results. General ledger information, including unadjusted ending balances and beginning balances for accounts. A schedule of adjusting entries made by the client for all balance sheet accounts. Detailed transaction information that may explain the changes in balance sheet accounts for the current year under audit.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9412251

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