An auditor reconciles the total of the accounts receivable subsidiary ledger to the general ledger control account as of october 31. by this procedure, the auditor is most likely to learn of which of the following? a. an october invoice was improperly computedb. an october check from a customer was posted in error to the account of another customer with a similar namec. an opening balance in a subsidiary ledger account was improperly carried forward from the previous accounting periodd. an account balance is past due and should be written off.

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.

Acompany that uses the periodic inventory system provided the following information: 1. beginning inventory $ 5 comma 0002. purchases $ 150 comma 0003. purchase discounts $ 2 comma 1004. purchase returns and allowances $ 1 comma 000at the end of the period, the physical count of inventory reveals that $ 16 comma 000 worth of inventory is on hand. what is the amount of cost of goods sold?

Management training programs, mentoring programs, and coaching systems are examples of