On December 31, 2020, the accounts receivable control account of WHITE Company had a balance of 5,870,500,
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On December 31, 2020, the accounts receivable control account of WHITE Company had a balance of ₱5,870,500, excluding accrued interest for notes, which agreed with the total shown in its subsidiary ledger. As an auditor, you perform analytical procedures and inquiry with the audit client. The following were noted in your audit:
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-1119368458
7th Canadian edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine
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