Read the following statements carefully:
1- Recalculate the allowance of Accounts receivables.
2- Vouch sales journal entries to sales invoices.
3- Inspect Bank statement in the client's file.
4- Trace sales invoices to account receivable ledger.
5- Ask payroll department to make report about the calculating criteria of the over time.
6- Inspect the disclosure of inventories in the financial statements.
7- Ask management about inventories the client has legal title on it.
8- Observe that Inventory quantities include all products, materials, and supplies on hand.
Instructions:
1-Indicate the type of Evidence for each statement.
2-Indicate the type of Assertion for each statement.
No.
Type of
Evidence
1
2
3
4
5
6
7
8
Type of
Assertion
