The following transactions and events relate to financing transactions at

The following transactions and events relate to financing transactions at Weber Inc.

1. Declare cash on common stock.

2. Issue bonds.

3. Pay bond interest.

4. Purchase 500 shares of treasury stock.

5. Pay cash declared in 1 above.

6. Issue additional for cash.

7. Accrue bond interest payable at year-end.

8. Redeem outstanding bonds.

9. Establish appropriation for bond retirement.

10. Announce a two-for-one stock split.

Required

a. Identify the substantive test that should verify each transaction or event.

b. For each test, indicate the financial statement assertion(s) to which it pertains.

c. Indicate the source of evidence obtained from the substantive test (i.e., outside party, client-generated, auditor personal knowledge or observation, documented, oral. (Use a tabular format for your answers with one column for each part.)

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