Which of the following pairs of accounts would an auditor most likely analyse on the same working paper?
A)Notes receivable and interest income.
B)Accrued interest receivable and accrued interest payable.
C)Notes payable and notes receivable.
D)Interest income and interest expense.

Question

Quizplus · Accepted Answer

Notes receivable and interest income are directly related as the interest income is generated from the notes receivable, making them logical to analyze together on the same working paper.

Which of the Following Pairs of Accounts Would an Auditor