Objective: Procedures: Customer Client Name Accounts Receivable Trial Balance December 31, 2021 To test the clerical...

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Objective: Procedures: Customer Client Name Accounts Receivable Trial Balance December 31, 2021 To test the clerical accuracy of the Accounts Receivable Trial Balance 1. Obtain the accounts receivable trial balance from the client and foot 2. Compare the accounts receivable trial balance to the general ledger balance Account Balance Current 30-60 60-90 Over 90 4,804,450 $2,173,395 $1,989,724 $ 498,431 $ 142,900 Total A/R per Audit Recalculated $ Total A/R Per Client G/L Difference Per Audit T/B $ (4,804,450) Proposed Audit Adjustment Account Debit Credit To adjust A/R and Sales to actual Objective: Procedures: Customer Client Name Accounts Receivable Trial Balance December 31, 2021 To test the clerical accuracy of the Accounts Receivable Trial Balance 1. Obtain the accounts receivable trial balance from the client and foot 2. Compare the accounts receivable trial balance to the general ledger balance Account Balance Current 30-60 60-90 Over 90 4,804,450 $2,173,395 $1,989,724 $ 498,431 $ 142,900 Total A/R per Audit Recalculated $ Total A/R Per Client G/L Difference Per Audit T/B $ (4,804,450) Proposed Audit Adjustment Account Debit Credit To adjust A/R and Sales to actual