(i) Land:
• Lease agreements.
• Report from specialists or experts e.g. Land surveyors.
• Confirmation from registrar of lands
• Title deeds and letters of allotment.
• Local authority receipts.
(ii) Rent expense:
• Rent agreements, invoice from the landlords and revenue authority returns.
• Use of positive and negative confirmations; i.e. the landlord confirmation_
• Report from specialists or experts. e.g. valuer
(iii) Motor vehicles:
• Seller of the motor vehicle.
• Report from specialists or experts i.e. Vehicle valuer.
• Use of positive and negative confirmations i.e. Registrar of vehicles, revenue authority.
• Insurance policy of the company taken.
• Bank correspondences if they hold custody of the log book.
Kavungya answered the question on May 14, 2019 at 13:55
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