I need help with this audit case Valley Publishing company
VALLEY PUBLISHING COMPANY #121 - Accounts Receivable 1 2/31/20x1 [Aged triai balance prepared by client] ACCOUNT WORKPAPER CONFIRMATION '- AGE \\ MAiLED JANUARY NUMBER REF CURRENT soao DAYS soso DAYS OVER 90 DAYS TOTAL 1l6/x2 COLLECTIONS Comments on ooliectability by aedn manager APP\" Valley Theme\" '0'5 3-2 27,440 u 27,440 u positive c 27.440 Chapman Barber Shop 2226 1.471 u 1.206 n 2,677 n negative Slow 9006 pay Food Basket Marts 3456 33 24,862 u 24,852 u positive c 13,000 Good aoooum Luper Drugs 4613 12.674 u 12.674 u negative 7,000 Good account Medford Hardware 5233 3-4 15.330 u 1,991 0 18.321 0 positive 0 Good 80000171.- Men's Wear Shop 5381 5-5 16,443 u 5,422 It 3,263 u 25,133 u positive 0 3:35: SOMSDMSS 31MB SIWV 5W W\" Mn 3 De artment Store 5433 M 26,931 u 26.931 u positive c 26, ' . Ptltrgifa: Get: 8162 0 2,369 u 2,369 n negative ngdwthsnll trytiing to collect B7 24.668 u 6,626 u 31.294 u positive 0 6,626 G account. some mes stow Va\"? FgodrdSUPPIY :22: 5-8 21,506 u 21,506 u positive c 13,000 Slow In slow seasons. catches up in good season: Van me o H 28 533 u 28,583 u positive C 26.58:! Ved Man 8298 - . 1 5 310 723 3-8 25 310 0 25,310 u positive C 2 , Walser Stores 2960 H 24-491 u 24,491 u positive c 24.491 \"'3 Gamma\" ' ' 7 825 u to 90 da nestionable ,42 u 14,049 u 107,131 u negative 3 , p vs. 0 other local display 8999 4a'\"' u 24,136 u 19 2 3,250 Over 90 days. very douWUI 96,477 It positive C 95,477 National Daily Agency 9500 8-9 96,477 u 396,115 39,967 _ 22.685 16,418 475,205 TB1 313,197 g1 T T -r T TT T n. g - IIIIIIIIIIIII s! T / Tr Footins and mum.\" checked -IIIIIIIIII m 0 T ' g checked to subsvdia led-er \" \" W \"' Waugh. M w I_I_l _ _- > 0 Conrmed - wnmaon \"mm Almnmmn, nonrmed. . .ALLOWANCE FOR DOUBTFUL ACCOUNTS _ :<: no w a v am www _ its cad i tra clients provision approved . duncan. iiiiiiii balanoe12l31lx1 mu at remembrance see test of reasonablenessi ii z tea wm m lmwmeawmswuu l__-i mm __i_-i days aanwts given. above. in. we ears audit incorporate substquzwt macaw __i_ peso m.--- b-10 valley publishing company advertising revenue by client i---- may account customer number inches rate local display: apple theaters u chapman barber shop food basket marts luper drugs mae beauty medford hardware men wear mindy department store supply vanline ford ved mart walser stores .756 yale cafeterias other display national t daily agency classified with printers reports inches: total for year average rates from above per .059.578 difference less than acceptable. n trial balance tb3 tb-3 footin g checked differences within and are acce atable. traced to billins in subsidia led-er. tear sheets examined. averae r inch. computed auditor>
