An audit team is auditing sales transactions. One step is to vouch a sample of debit entries

Question:

An audit team is auditing sales transactions. One step is to vouch a sample of debit entries from the subsidiary ledger back to the supporting sales invoices. The purpose of this audit procedure is to establish that
a. Sales invoices represent bona fide sales.
b. All sales have been recorded.
c. All sales invoices have been properly posted to customer accounts.
d. Entries in the subsidiary ledger were properly invoiced.

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...