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Payables

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Ken Garrett.

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July 2, 2018 at 8:33 pm #460752
bilal12345
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Sir would it be a valid substantive procedure for payable that select a sample of supplier statement and agree the balance to purchase ledger and investigate reconciling items
July 3, 2018 at 6:04 am #460774
Ken Garrett
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Important substantive tests for many items on the financial statements are covered in our notes.
It is your duty to study those before taking up our time with elementary questions.
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