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Assume that you are preparing to confirm accounts receivoble at December 31, 2025, which is one month prior to the fiscal year-end of January 31,2026
Assume that you are preparing to confirm accounts receivoble at December 31, 2025, which is one month prior to the fiscal year-end of January 31,2026 . The book value of gross accounts receivable is $71,622,804. Complete the following requirements related to the confirmation of receivables for Cloud 9 bssed on previous work and the following information. Using PPS sampling determine the sample size that you want to use for sending accounts receivable confirmations. The book value of accounts receivable before the allowance for doubtful accounts is $71,622,804, You make the following assumptions - You set tolerable misstatement for accounts receivable at $3.500.000. - Expocted misstatement 5750,000 - Risk of incorrect acceptance 37% Using PPS sampling, determine the sample size that you want to use for sending accounts receivable confirmations. The book value of accounts receivable before the allowance for doubtful accounts is $71,622.804. You make the following assumptions: 2. What do you calculate for sample size? Sarmple size 3. What do you calculate for sampling interval? (Round answers to 2 decimol ploces. es. 15.25) Samplire interval $
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