I need help with E-4, please

Ve received a number of accounts receivable confirmations that I put on your desk when I topped by to talk to Samuel Carboy this morning. With the good response rate on the onfirmations, you can probably start working on A/R now. aylor already put the confirmations in the workpapers at E-3. I need you to address any iscrepancies between the client and the customer and propose adjustments as necessary. It looks ike there might be a few. t would also be helpful to indicate the payments received by Apollo on the Aged Trial Balance chedule (E-2). You can get these off the early January deposit slips. If you get copies from the lient, be sure to tie back to the totals into deposits indicated on the cutoff bank statement eceived directly from the bank. astly, the allowance for doubtful accounts looks pretty low. AR goes up, but the allowance oes down? I need a separate audit documentation (E-4) addressing the reasonableness of Apollo's Allowance for Doubtful Accounts. You can specifically identify troubled accounts, ook at subsequent cash collections, look at what Apollo has done in the past (historically they lave used an 8% allowance rate) to develop your estimate of what should be in the allowance. W