Question
Given data from testing the year-end Accounts Receivable balance: Population Sample Number of accounts a. $743,750 O b. $794,000 OC. $543,750 Od. $720,000 Oe. $725,000
Given data from testing the year-end Accounts Receivable balance:
Population Sample Number of accounts a. $743,750 O b. $794,000 OC. $543,750 Od. $720,000 Oe. $725,000 3,000 320 Book Balance $800,000 $64,000 Balance determined by the auditor - $58,000 Using difference estimation, the estimate of the year-end Accounts Receivable is
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Financial Reporting Financial Statement Analysis And Valuation
Authors: James M Wahlen, Stephen P Baginskl, Mark T Bradshaw
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