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Title: An auditor is determining whether an issuance of notes payable for cash was correctly recorded. Her ... Post by: bigben0007 on Aug 1, 2022 An auditor is determining whether an issuance of notes payable for cash was correctly recorded. Her or his best course of action would be to
▸ confirm with the bond trustee as to the amount of bonds issued. ▸ confirm with the underwriter as to the appropriate market yield on the bonds. ▸ trace the cash received from the proceeds to the accounting records. ▸ verify that the amount was included in a footnote disclosure. Title: An auditor is determining whether an issuance of notes payable for cash was correctly recorded. Her ... Post by: browntown345 on Aug 1, 2022 Content hidden
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