What Is the Most Important Test of Details of Balances

question 104

Multiple Choice

What is the most important test of details of balances for accounts receivable?

• A) obtaining confirmations from the client's customers
• B) recalculating the aged receivables and uncollectible accounts
• C) tracing credit memos for returned merchandise to receiving room reports
• D) tracing from shipping documents to journals to the accounts receivable ledger

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