Exam (elaborations)
TEST BANK For Principles of Auditing and Other Assurance Services 22nd Edition By Ray Whittington & Kurt Pany
Your client left the cash receipts journal open after year-end for an extra day and included January 1 cash receipts in the 12/31/XX totals. All of those cash receipts were due to cash sales. Assuming the client uses a periodic inventory system with a 12/31/XX count of the physical inventory, wh...
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