Question: The financial statement was about to issued to the users, however the major customer who own 5 0 0 0 0 0 failed to pay

The financial statement was about to issued to the users, however the major customer who own 500000 failed to pay because he face financial difficulties.The manager of the company wants to record the bad debt next year.A. Should management do adjustment?B. What audit precudures to be taken for adjustment

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