GREEN AND BLACK VEHICLE DEALERSHIP, LLP Case Continuance – Part II and Part III

Authors

  • Paula Parker University of Southern Mississippi
  • Nancy Swanson Valdosta State University

Keywords:

accounting, auto dealership industry

Abstract

The CPA firm, James and Elliott LLP, has now accepted Green and Black Vehicle Dealership as a client. At the close of business today, the CPA firm will obtain the dealership’s current Parts Inventory List (i.e., the subsidiary ledger). The list will be available in Excel format and an abbreviated hard-copy format. Tomorrow the dealership will close so the CPA firm can take inventory of 100% of the parts on hand. Knowing which parts are on hand is necessary in determining the appropriate value of those parts

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Published

2024-01-27

Issue

Section

Cases