Accounts receivable forms an integral part of the current assets, all sales made must be invoiced and the amount has to be collected on due dates so as not to affect the liquidity of the business. (a) Explain the FOUR (4) balances assertions to test for the accounts receivable? (8 marks) (b) Illustrate with examples the type of substantive tests to be used to test each assertion in part (a).(8 marks) (c) What is the effect on Balance Sheet if accounts receivable is overstated? (4 marks)