Problem

Which of the following responses to an accounts receivable confirmation at December 31 wou...

Which of the following responses to an accounts receivable confirmation at December 31 would cause an audit team the most concern?

A. “This amount was paid on December 30th. ”

B. “We received this shipment on January 2nd. ”

C. “These goods were returned for credit on November 15th. ”

D. “The balance does not reflect our sales discount for paying by January 5th.”

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