English, asked by snehilgp3, 6 months ago

how will you verify sundry debtors

Answers

Answered by Anonymous

2

Answer:

Steps for Valuation:

Debtor's ledger should be supported by sales ledger.
Auditor should obtain list of book debts, bad debts written off and for provision for doubtful debts.
Sundry debtors should be valued at realizable value.
Confirmation of balances shows that valuation of debtors is correct.

I hope it will help u

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Answered by llAmyll

3

Answer:

Debtor's ledger should be supported by sales ledger.

Debtor's ledger should be supported by sales ledger.Auditor should obtain list of book debts, bad debts written off and for provision for doubtful debts.

Debtor's ledger should be supported by sales ledger.Auditor should obtain list of book debts, bad debts written off and for provision for doubtful debts.Sundry debtors should be valued at realizable value.

Debtor's ledger should be supported by sales ledger.Auditor should obtain list of book debts, bad debts written off and for provision for doubtful debts.Sundry debtors should be valued at realizable value.Confirmation of balances shows that valuation of debtors is correct.

hope it helps you ❤️

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