Methods in Vouching

TYBcom-Year 2012-13
Assignment 2- Total 10 Marks Marks for each topic
Topics
I) AUDITING 5)
1 (a) Explain how would you vouch
Scrap Sales
1 (b) How would you verify
Book Debts /Debtors-1,11,21,31,41,51,61,71,81,91
301,291,281,271,261,251

2 (a) Explain how would you vouch
Sale on Approval/Sale on Consignment
2 (b) How would you verify
Stocks-101,111,121,131,141,151,161,10,20,30
241,231,221,211,201,191,181,171

3 (a) Explain how would you vouch
Sales return/Purchase return
3 (b) How would you verify
Patterns, Dies Loose Tools and spare parts-2,12,22,32,42,52,62,72,82,92
300,290,280,270,260,250

4 (a) Explain how would you vouch
Rent Received and Royalty Income
4 (b) How would you verify
Empties & Containers-102,112,122,132,142,152,162,40,50,60
240,230,220,210,200,190,180,302,292

5 (a) Explain how would you vouch
Cash and Credit Purchase
5 (b) How would you verify
Quoted and Unquoted Investments-3,13,23,33,43,53,63,73,83,93

299,289,279,269,259,249
6 (a) Explain how would you vouch
Wages & Salaries
6(b) How would you verify
Trade Marks and Copyrights-103,113,123,133,143,153,163,70,80,90
239,229,219,209,199,189,179,282,272,262

7 (a) Explain how would you vouch
Commission paid
7(b) How would you verify
Patents & Know-how-4,14,24,34,44,54,64,74,84,94
308,298,288,278,268,258,248

8 (a) Explain how would you vouch
Interest Paid
8(b) How would you verify
Plant and Machinery-104,114,124,134,144,154,164,100,109,119
238,228,218,208,198,188,178,252,242,233

9 (a) Explain how would you vouch
Insurance Premium and Postage & Courier
9(b) How would you verify
Land and Building-5,15,25,35,45,55,65,75,85,95
307,297,287,277,267,257,247

10 (a) Explain how would you vouch
Cash and Credit Sales
10(b) How would you verify
Furniture & Fixtures-105,115,125,135,145,155,165,110,120,129
237,227,217,207,197,187,177,172,232,223,213

11 (a) Explain how would