
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 2
Which of the following accounts does not appear in the acquisition and expenditure cycle?
A) Cash.
B) Purchases returns.
C) Sales returns.
D) Prepaid insurance.
A) Cash.
B) Purchases returns.
C) Sales returns.
D) Prepaid insurance.
Explanation
• Cash account
• Purchase Return.
• Prep...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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