280 words needed. not less or more than that. make sure its unique Q1....
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Accounting
280 words needed. not less or more than that.
make sure its unique
Q1. Planning Duopoulo Ltd provides credit for consumers purchasing from major retail stores, and has been operating for three years. As part of your audit planning for the audit for the year ended 30th June 2020, you have performed an analytical review of the operations and found the following: Account Gross finance receivables - current Gross finance receivables - non-current Unearned income Allowance for doubtful debts Bad debts expense 31 March 2020 30th June 2019 30th June 2018 $000 $000 $000 110,000 88,000 55,000 280,000 160,000 110,000 30,000 24,800 16,500 1,100 1,000 1,000 100 100 100 Required: a. Identify two unusual trends/relationships, and explain what each could indicate. b. For each trend listed in (a), identify the key general ledger account impacted. C. For each trend listed in (a), identify the key assertion at risk
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