6-32 (OBJECTIVES 6-8, 6-10) The following are specif objectives applied to the audit of accounts receivable (a. through i.) and management assertions about accoun balances (1 through 6). The list referred to in the specific balance-related audit objectives the list of the accounts receivable from each customer at the balance sheet date. Specific Balance-Related Audit Objective rods a. There are no unrecorded receivables. b. Uncollectible accounts have been provided for. c. Receivables that have become uncollectible have been written off. d. All accounts on the list are expected to be collected within 1 year. e. The total of the amounts on the accounts receivable listing agrees with the ledger balance for accounts receivable. general f. Accounts receivable are appropriately aggregated and clearly described in the fi nancial statements. g. All accounts on the list arose from the normal course of business and are not due from related parties. h. Sales cutoff at year end is proper. i. Receivables have not been sold or discounted. Management Assertion About Account Balances 1. Existence of 2. Completeness 4. Classification 5. Rights and obligations 3. Accuracy, valuation, and allocation 6. Presentation