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Unqualified audit reports
For each of the following situations,define the type of problem encountered and the probable issues giving rise to the issuance of the unqualified reports.
Ledger
A book or other collection of financial accounts of a particular type, typically used in accounting to record transactions.
Charges
Fees or prices asked for goods or services.
Payments
The act of providing money or its equivalent in exchange for goods, services, or to settle debts.
Balance Due
The amount of money owed on an invoice or bill that remains unpaid and is required to settle the account.
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