A preliminary sample was selected for creditors reconciliation, and Stax $($Pty$)$ Ltd was selected as a creditor to be tested on $31$ October $2022.$ Stax $($Pty$)$ Ltd is the leading stationery and study material supplier for Learning $($Pty$)$ Ltd$.$ All the other reconciling trade creditors were verified and are correct. Trade creditor Stax $($Pty$)$ Ltd Below is the reconciliation between the monthly trade creditors statement and the creditors balance in the creditors ledger as at $31$ October $2022$ for Stax $($Pty$)$ Ltd$.$ Balance according to the creditors monthly statement R$3542785$ Less: Payments that do not reflect on the statement $($R$150000)$ Goods returned and no deductions made on the statement $($R$985235)$ Balance per the creditors ledger R$2407550$ Client: Learning $($Pty$)$ Ltd$.$ Year$-$end: $31/12/2022$ Prepared by: DA Date prepared: $31/03/2023$ C$101$ Subject: Trade creditors The trade creditors balance as at $31$ December $2022$ was R$25424587.$ Findings: Assertions addressed relating to the trade creditors balance are as follows: Completeness All trade creditors for the year were included in the balance. Occurrence All supplier purchases occurred for the year. Accuracy The amount of the trade creditors is correct. Cut$-$off All supplier purchases were included at year$-$end. Conclusion: Comex Incorporated is satisfied that all relevant assertions were addressed, and no further audit evidence is required.

$1\mathrm{.}2$ Based on the information presented in working paper C$101,$ state whether you agree and$/$or disagree with the trainee auditor regarding the assertions identified for the trade creditors for the year ended $31$ December $2022$ and provide reasons. $(15$ marks$)$