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Audit of the Sales and Collection Cycle

Audit of the Sales and Collection Cycle. Chapter 13. Learning Objective 1. Identify the accounts and the classes of transactions in the sales and collection cycle. Accounts in the Sales and Collection Cycle. Sales Cash sales Sales on account. Cash in Bank. Cash Discounts

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663 views • 43 slides

Audit of the Sales and Collection Cycle

Audit of the Sales and Collection Cycle Chapter 14 Learning Objective 1 Identify the accounts and the classes of transactions in the sales and collection cycle. Accounts in the Sales and Collection Cycle Sales Cash sales Sales on account Cash in Bank Cash Discounts Taken

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1.22k views • 28 slides

Audit of the Sales and Collection Cycle

Audit of the Sales and Collection Cycle Chapter 13 Accounts in the Sales and Collection Cycle Sales Cash sales Sales on account Cash in Bank Cash Discounts Taken Accounts Receivable Beginning Cash receipts balance Sales returns Sales on and allowances account

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789 views • 17 slides

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Allowances bad debt expense - PowerPoint PPT Presentation

Audit of the Sales and Collection Cycle

Audit of the Sales and Collection Cycle

Audit of the Sales and Collection Cycle