Assume that the following problems with the processing of TinShed Pty Ltd’s sales
January 12th, 2018
hat the f Assume that the following problems with the processing of TinShed Pty Ltd’s sales transactionsoccurred.List and discuss the internal controls that could beimplemented to prevent or detect each problem.a. A debtor’s ledger card for John Wilson was deliberatelydeleted from the company’s computer files by a company employee who is hisfriend. He has managed to access alldebtors’ details, although he works in another part of the company.b. Sales were made at unauthorised prices.c. Sales invoice was correctly journalised but was not posted to the individual debtor’s account in the debtor’s subsidiary ledger.d. A shipment to a bona fide customer was not invoiced.e. Sales were made to customer who were poor credit risks.