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Home Q & A Board Other Fields Homework Help Business Accounting
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cjohns21 cjohns21
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A year ago
To determine if notes payable is included in the proper period, the auditor should

▸ trace the cash received from the issuance to the accounting records.

▸ examine duplicate copies of notes to determine whether the notes were dated on or before the balance sheet date.

▸ examine duplicate copies of notes for principal and interest rates.

▸ trace the individual notes payable to the master file.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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anitasaganitasag
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A year ago
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cjohns21 Author
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A year ago
Just got PERFECT on my quiz
mmmm_dat_userna
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Helped a lot
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This site is awesome
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