Plz share notes of chapter 3 of audit

Plz upload deduction chapter

Company ABC had credit sales of $400,000 during the month of July. At the end of July, an examination into their A/R showed that the total balance was $350,000 broken down as follows: Current $200,000 1-30 Days Past Due 80,000 31-60 Days Past Due, 40,000 61-90 Days Past Due 20,000 Greater Than 90 Days 10,000 The expectations, based on analysis of historical A/R is that 99% of the current A/R is collectible, 90% of the 1-30 days, 80% of the 31-60 days, 60% of the 61-90 days and 20% of the greater than 90 days. If ABC uses the percentage of sales methodology of providing for bad debts, the estimate is used is 10% of credit sales are uncollectible. For Questions 1-4, assume the current balance in the Allowance for Doubtful Accounts is a $5,000 Credit. For Questions 5-8, assume the current balance in the Allowance for Doubtful Accounts is a $5,000 Debit.

P payments ltd had finalized its accounts on 31/1/24 related to the fy 23-24 and approved by the board of directors and appointed ABC associates the firm of CAs to audit on 1/2/24 and the firm has thoroughly went through all the financial statements and the engagement partner was ready with the audit report to be submitted to members on 15/3/24 to the AGM which is to be held on 21/3/24 later on RBI had banned their major chain of products due to non compliance of certain banking formalities on 19/3/24 which contributes 90% of the P payments revenue. The CS of the company suggested the accounts department to reopen the finalized accounts and to prepare the accounts on liquidation basis but the accounts department is of view that since the board had signed the financial statements,the present event can be regarded as non adjusting Event and it can be adjusted in the next year. Meanwhile one of the team of ABC associates had raised a doubt that the audit report is to be redrafted again due to the effect of going concern.The team in spite of the RBI effect decided to give an unqualified opinion. Whose opinion is correct in this situation? Justify your answer?

Hey!! anyone have summary notes of the audit of Deepika Rathi Mam?

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Can you all give an solution to this question -→There are two firms N & M, having same earnings before interest and taxes i.e. EBIT of 20.000. Firm M is levered company having a debt of 1,00,000 @ 7% rate of interest. The cost of equity of N company is 10% and of M Company is 11.50%. Find out how arbitrage process will be carried on?

Can I answer for 5thquestion please