You have recently started work as a trainee accountant. While performing procedures on certain cycles at your client, Blue Bottles (Pty) Ltd, you came across the following: 1. 60% of sales comprise of cash. 2. Blue Bottles (Pty) Ltd sells blue milkshakes which have an expiration date. 3. Errors were found in the depreciation calculation of recently purchased bottling machinery. 4. Bank reconciliations are prepared on a monthly basis. 5. Employees are given an increase on an annual basis. Required: Identify and briefly explain the assertions which would be affected by each of the above.