Trendy Attire Co. is a well-established fashion retailer specializing in the sale of clothing and accessories. Founded over two decades ago, the company has become a recognized name in the fashion industry, known for its stylish and diverse product offerings. With headquarters located in a bustling metropolitan city, Trendy Attire Co. operates multiple branches across the country, catering to a wide customer base. Trendy Attire Co. employs a flexible sales strategy to reach a broad spectrum of customers. The company offers its fashionable clothing both on a cash basis and credit terms. This dual sales approach allows customers to make immediate purchases using cash or opt for credit arrangements, where they can buy on account and settle their balances at a later date. The company provides customers with multiple payment options to enhance convenience. These options include traditional cash payments at their physical store locations and electronic funds transfer (EFT) for those who prefer online or digital payment methods. EFT payments are made through secure online channels, enabling customers to complete transactions swiftly and securely. Trendy Attire Co. operates a network of retail branches strategically located in key urban and suburban areas across the country. Each branch is designed to provide customers with a unique shopping experience, showcasing the latest fashion trends and offering personalized assistance from knowledgeable staff. The company's branch network is a vital part of its local presence and brand visibility. While Trendy Attire Co. has achieved significant success within its home country, the company's operations are primarily focused on this single market. This domestic orientation allows the company to tailor its product offerings and marketing strategies to meet the specific tastes and preferences of local customers. The company continually monitors market trends and customer feedback to remain at the forefront of the fashion industry in its country. Trendy Attire Co.'s commitment to quality, customer satisfaction, and style innovation has earned it a loyal customer base and a strong reputation within the fashion retail sector. As the company continues to adapt to evolving market dynamics and consumer preferences, it remains dedicated to delivering fashionable clothing, excellent service, and flexible payment options to its valued customers across the nation. Required: Develop the substantive audit procedures required to test all transactions and balances affecting the trade receivables balance reported on the financial statements for the year ended 31 July 2023.