Suppose you selected a sample of customers accounts receivable and wanted to find supporting evidence for the

Question:

Suppose you selected a sample of customers’ and wanted to find supporting evidence for the entries in the accounts. Where would you go to vouch the debit entries? What would you expect to find? Where would you go to vouch the credit entries? What would you expect to find? What assertions are you finding evidence about?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...