When auditing the revenue and collection cycle, auditors normally select balances to con-firm from the a. Sales

Question:

When auditing the revenue and collection cycle, auditors normally select balances to con-firm from the
a. Sales journal.
b. listing.
c. General ledger.
d. Cash receipts listing.

Accounts Receivable
Accounts 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...