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please i need the answers ASAP Indicate the category of Assertions for each statement below: 1- Recalculate the allowance of Accounts receivables. 2- Inspect Bank
please i need the answers ASAP Indicate the category of Assertions for each statement below: 1- Recalculate the allowance of Accounts receivables. 2- Inspect Bank statement in the client's file. 9. Liens on the inventories are property disclosed in notes of the financial statements. 4 The client has legal title to the inventories 5. Inventories are properly stated at lower of cost or market. 6- Inventory quantities include all products, materials, and supplies on hand. 7- Accounts receivables are properly classified in the balance sheet as current assets. 8. Vouch sales joumal entries to sales invoices. 9. Ingpect securities on hand. 10- Trace sales invoices to account receivable ledger. No. Type of category 1 2 3 4 5 8 9 10 V Select Paragraph Styles Editing Indicate the category of Assertions for each statement below: 1- Recalculate the allowance of Accounts receivables 2- Inspect Bank statement in the client's file. 3. Liens on the inventories are properly disclosed in notes of the financial statements. 4. The client has legal title to the inventories. 5- Inventories are properly stated at lower of cost or market. 6- Inventory quantities include all products, materials, and supplies on hand 7- Accounts receivables are properly classified in the balance sheet as current assets: 8. Vouch sales journal entries to sales invoices. 9. Inspect securities on hand. 10- Trace sales invoices to account receivable ledger
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