Suppose that the auditor is concerned that a material amount of payables is unrecorded near year- end. The purchased goods are legitimate and have been received into inventory. That is, the inventory clerk has debited inventory. The total debits to inventory are the total purchases received [PUR] and total credits to vouchers payable. That is, the client recognizes a payable when the goods are received. The total of all such journal entries would be: An embezellment of funds is occurring at your client. Employees have figured out a way to divert customer payments to personal accounts. When a payment is diverted [stolen], the receivable associated with the payment.