PRINCIPLES OF AUDITING & OTHER ASSURANC
PRINCIPLES OF AUDITING & OTHER ASSURANC
21st Edition
ISBN: 9781264007202
Author: WHITTINGTON
Publisher: MCG
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Chapter 5, Problem 43QRA
To determine

Evaluate the issue related to working papers.

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Linda Services had an accounts receivable balance of $88,200 on October 1. During October, the company collected $412,000 from customers on account. If the accounts receivable balance on October 31 was $91,700, what amount was billed to customers on account during October?
Can you explain the process for solving this financial accounting problem using valid standards?

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PRINCIPLES OF AUDITING & OTHER ASSURANC

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