An auditor is concerned that accounts receivable may be understated resulting from sales to customers that have been omitted from both the sales journal and the accounts receivable master file. Describe the procedure(s) the auditor should perform in these circumstances.

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The Answer of An auditor is concerned that accounts receivable may be understated resulting from sales to customers that have been omitted from both the sales journal and the accounts receivable master file. Describe the procedure(s) the auditor should perform in these circumstances.

An Auditor Is Concerned That Accounts Receivable May Be Understated