R&G Audit & CO for the positions of junior auditors.

You are recently joined R&G Audit & CO for the positions of junior auditors. Your manager assign you the audit the financial statement of “The Bargain corner Ltd” for the year 2021. “The Bargain corner Ltd” retail clothing company, founded in Dubai in December 2020. You You have to work with your team to audit: • Sales and Collection Cycle • Purchasing Process. You have all the required documents from the company: Sales and Collection Cycle. • Sale invoices • Account receivable details • Journal sales • List of prices and terms • Cash account details Purchasing Process. • Purchase invoices • Purchase account details • Account payables details • Cash account details Your superisor, provide you with the : 1. Audit Plan for Sales and Collection Cycle 2. Audit Plan for the Purchasing Process