If Debtors turned over ration is 20 times in 2018 as compared to only 11 times in 2018, there is a possibility of: Select one: a. More thorough credit investigations made by the company late in 2016. b. Unrecorded credit sales in 2018. c. Fictitious sales in 2018. d. Unrecorded cash receipts in 2017.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If Debtors turned over ration is 20 times in 2018 as compared to only 11 times in 2018, there is a possibility of:
Select one:
a. More thorough credit investigations made by the company late in 2016.
b. Unrecorded credit sales in 2018.
c. Fictitious sales in 2018.
d. Unrecorded cash receipts in 2017.
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