Martin Rorke is reviewing the results of the review of subsequent cash receipts. There are several receipts

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Martin Rorke is reviewing the results of the review of subsequent cash receipts. There are several receipts listed from customers that were considered doubtful at the end of the year (June 30). Martin is also reviewing evidence that shows that another customer that had a large balance at year end was unexpectedly declared bankrupt on July 10. 


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How should this information be reflected in the financial report?

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Related Book For  answer-question

Auditing A Practical Approach

ISBN: 978-1118849415

2nd Canadian edition

Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren

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