Question: Please do not handwritten Please do not handwritten Please do not handwritten Read the following statements carefully: 1- Compute and Compare Gross profit rate for

Please do not handwritten
Please do not handwritten
Please do not handwritten
 Please do not handwritten Please do not handwritten Please do not

Read the following statements carefully: 1- Compute and Compare Gross profit rate for the current year and preceding year. 2- Vouch sales journal entries to sales invoices. 3- Recalculate the allowance of Accounts receivables. 4. Confirm customers balances. 5- Compare inventory tumover with industry data. 6- Reconcile bank accounts at year end. 7- Trace sales invoices to account receivable ledger 8- Count Inventory quantities include all products, materials, and supplies on hand. Instructions:- Indicate the type of Substantive Test for each statement. No. Type of Substantive Test

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