Denham Partners LLP, received the partial comparative balance sheet below from Saddle Hill Farms.

Saddle Hill Farms LLC

Partial Balance Sheet

December 31, 2019, and 2018

20192018

ASSETS

Current assets

Cash$350,000$275,000

Accounts receivable (net of $200,000 in 2019 and

$215,000 in 2018)250,000390,000

Marketable securities (at fair value)255,000180,000

Other current assets58,000 36,000

Total current assets$913,000$881,000

The cash balance consists of the following three bank balances.

InstitutionAddressBalance as of December 31, 2019

FirstBank, 4 Bank Street , Christiansted, St. Croix, 00831$ 155,000

Banco Popular10 Bank Street Fredricksted, St. Croix, 00832120,000

Merchant's Bank20 Bank Street Charlotte Amalie, St, Thomas 0080275,000

Construct a detailed auditing plan for the cash account making sure to address the basic assertions that management is making about the accounts.