Question
State the assertion that is violated in the following sentences 1) The company's accounts receivable subledger balance total is greater than the balance showing in
State the assertion that is violated in the following sentences
1) The company's accounts receivable subledger balance total is greater than the balance showing in the general ledger control account
2) The company is unable to provide the truck registrations for all the trucks recorded in its books and records under fixed assets.
3) The company failed to record a note in the financial statements regarding a material contingent liability.
4) The company did not identify that a large portion of the goods that it included in its inventory was in fact consigment goods received from a supplier
5) The company issued and recorded a sales invoice but the related goods had not been shipped.
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