For each of the following substantive procedures, first note whether it is a test of details of transactions or a test of details of account balances. Then decide for which assertion the test provides the best evidence. (classification, completeness, cutoff, rights and obligations, & (valuation, allocation, accuracy)

1. Trace large cash receipts and payments to the general ledger. [ Select ] [ Select ]

2. Examine copies of note, bond, and financing lease agreements. [ Select ] [ Select ]

3. Recompute accrued interest payable. [ Select ] [ Select ]

4. Review debt activity for a few days before and after year-end to determine whether transactions are included in the proper period. [ Select ] [ Select ]

5. Examine due dates on notes and bonds for proper classification between current and long-term debt. [ Select ]