$\backslash$table$[[\backslash$table$[[$MANAGEMENT$],[$ASSERTION$]],\backslash$table$[[1.$ CATEGORY OF$],[$MANAGEMENT$],[$ASSERTION$]],2.$ NAME OF ASSERTION$],[\backslash$table$[[1.$ Recorded sales$],[$transactions have occurred.$]],,],[\backslash$table$[[2.$ There are no liens o other$],[$restrictions on accounts$],[$receivable$.]],,],[\backslash$table$[[3.$ All sales transactions have$],[$been recorded.$]],,],[\backslash$table$[[4.$ Receivables are$],[$appropriately classified as to$],[$trade and other receivables in$],[$the financial statements and$],[$are clearly described.$]],,],[\backslash$table$[[5.$ Sales transactions have$],[$been recorded in the proper$],[$period$.]],,],[\backslash$table$[[6.$ Accounts receivable are$],[$recorded at the correct$],[$amounts$.]],,],[\backslash$table$[[7.$ Sales transactions have$],[$been recorded in the$],[$appropriate accounts.$]],,],[\backslash$table$[[8.$ All required disclosures$],[$about sales and receivables$],[$have been made.$]],,],[\backslash$table$[[9.$ All accounts receivable$],[$have been recorded.$]],,],[\backslash$table$[[10.$ Disclosures related to$],[$accounts receivable are at the$],[$correct amounts.$]],,]]$

Q$1.$ The following are various management assertions related to sales and account receivable

for each assertion indicate whether it is an assertion about classes of transactions and evens, an assertion about account balance or an assertion about presentation and disclosure.

indicate the name of the assertion made by management