Page 62 - Demo

جميع الحقوق محفوظة ـ اإلعتداء عىل حق املؤلف 62 بالنسخ أو الطباعة يعرض فاعله للمسائلة القانونية3. Sales Returns and allowances (Sales Rand A) Sales R&A XXCash/AR XX4. Write off uncollectible accounts 5. Estimate Bad debt Expense Bad debt Expense XARFirst: Business functions in sales and collection cycles and the related documents:For each transaction the auditor should determine and understand Affected Accounts Related business function Related DocumentsAccounts Business Function Documents and Records Sales TransactionAccounts receivable Sales 1. Processing customer orders 2. Granting credit 3. Shipping goods 4. x  Customer order  Sales order  Shipping document  Sales invoice  Sales transaction file  Sales journal or listing  Accounts receivablemaster file  Accounts receivabletrial balance  Monthly statement Cash receipts transactionsCash Accounts receivable 5. Billing and recording cash receipts  Remittance advice  Cash receipts transaction file  Cash receipts journal