Using ACL or Idea software perform the following procedures: Required: A. Open the Accounts Receivable file then
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Using ACL or Idea software perform the following procedures:
Required:
A. Open the Accounts Receivable file then (1) Determine the number (count) of customers. (2) Find the customers who owe more than $5,000. (3) Perform Benford analysis.
B. Open the inventory file then (1) Count the number of inventory items. (2) Determine the most expensive and least expensive item. (3) Find which products have a sales price less than the unit price.
Accounts ReceivableAccounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...
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Related Book For
Principles of Auditing An Introduction to International Standards on Auditing
ISBN: 978-0273768173
3rd edition
Authors: Rick Hayes, Philip Wallage, Hans Gortemaker
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