Entries in sales journal to provide corroborating evidence


Question: Rich Company sells household goods and appropriately records its sales upon shipment, because goods are shipped FOB Shipping Point. The external auditor gathers a sample of shipping documents and matches them to entries in the sales journal to provide corroborating evidence that Group of answer choices recorded sales represent authorized transactions. shipments of goods are recorded as sales. shipments of goods are for authorized sales. recorded sales were for goods that were shipped.

 

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Accounting Basics: Entries in sales journal to provide corroborating evidence
Reference No:- TGS03425220

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