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    Auditing and Assurance Services Study Set 2
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    Exam 16: Completing the Tests in the Sales and Collection Cycle: Accounts Receivable
  5. Question
    Significant Credit Balances in Accounts Receivable Should Be Reclassified as Accounts
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Significant Credit Balances in Accounts Receivable Should Be Reclassified as Accounts

Question 18

Question 18

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Significant credit balances in accounts receivable should be reclassified as accounts payable.

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