Other Source................................5-7

Accounting for Sales Taxes............................ 5-7

Sales Tax Audits............................5-8

Indications of Underreporting.........................5-9

Estimating Sales............................5-9

Bank Deposits..............................5-10

Repair Orders..............................5-12

Breakdowns of Sales and Costs..............5-13

Checks to Check Cashers.................... 5-13

Cash Transactions Records.................. 5-13

Other Income Issues.................................. 5-14

Held Checks................................ 5-14

Waived Deductibles........................ 5-14

Cash Payments.............................. 5-15

Cashed Checks.............................. 5-15

Journal Entries............................ 5-17

 

Chapter 6 -- Cost of Sales

Introduction.......................................... 6-1

Purchases............................................. 6-1

Records to Request/Examine.................. 6-2

Labor................................................. 6-4

Metal Labor................................. 6-4

Frame Labor................................. 6-4

Paint Labor................................. 6-4

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Chapter 1  Chapter 2   Chapter 3   Chapter 4    Chapter 5   Chapter 6    Chapter 7   Chapter 8    Chatper 9   Chapter 10    Glossary

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