Title: ACC 492 Week 2 LTA Apollo Shoes Case Assignment (Accounts Receivable Memo) Sample content: Memo To: - From: Learning Team B Date: - Re: Accounts Receivable Confirmations (C-2-1) Accounts Receivable Confirmations In regards to auditing Accounts Receivables, AOW uses two types of confirmations; positive and negative. Positive confirmations were previously sent to consumers that had a December 31, 2007 outstanding balance which is greater than $500,000 or 1% of open receivables. In result, positive confirmations were sent to 12 of 31 consumers with open balances of December 31, 2007. The remaining consumers rec