You have been assigned to the first examination of the accounts of Duck Lake Inc. for the year ending March 31, 2012. Accounts receivable is confirmed on December 31,2011, and at that date the receivables consisted of approximately 200 accounts with balances totalling $956,750. Seventy-five of these accounts with balances totalling $650,725 were selected for confirmation. All but 20 of the confirmation requests have been returned; 30 were signed without comments, 14 had minor differences which have been cleared satisfactorily, while 11 confirmations had the following comments:
1. We are sorry but we cannot answer your request for confirmation of our account, as Duck Lake Inc. uses an accounts payable voucher system.
2. The balance of $1,050 was paid on December 13,2011.
3. The balance of $7,750 was paid on January 5, 2012.
4. The balance noted above has been paid.
5. We do not owe you anything as at December 31, 2011, as the goods, represented by your invoice dated December 30, 2011, number 25050, in the amount of $11,550, were received on January 5, 2012, on FOB destination terms.
6. An advance payment of $2,500 made by us in November 2011 should cover the two invoices totaling $1,350 shown on the statement attached.
7. We never received these goods.
8. We are contesting the propriety of this $12,525 charge. We think the charge is excessive.
9. Amount is okay. As the goods have been shipped to us on consignment, we will remit payment upon selling the goods.
10. The $10,000, representing a deposit under a lease, will be applied against the rent due to us during 2012, the last year of the lease.
11. Your credit memo dated December 5, 2011, in the amount of $440, cancels the balance above.
REQUIRED
What steps would you take to satisfactorily clear each of the above 11 comments?