Greg Brown is reviewing the results of the review of subsequent cash receipts. There are several receipts
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Greg Brown is reviewing the results of the review of subsequent cash receipts. There are several receipts listed from customers that were considered doubtful at the end of the year (30 June). Greg is also reviewing evidence that shows that another customer that had a large balance at year-end was unexpectedly declared bankrupt on 13 July.
Required
How should this information be reflected in the financial report?
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Related Book For
Auditing A Practical Approach
ISBN: 9780730382645
4th Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
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