The creditors ledger control account did not match the list of balances in vendor accounts. An investigation
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The creditors ledger control account did not match the list of balances in vendor accounts. An investigation found that payments for November 2005 were recorded as made in December 2005. The list of balances was understated by $200,000. What steps can be taken to correct this error?
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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