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Karamjit Kaur : Attempt 1 Time Limit: 2:30:00 Time Left:1:40:26 Page 1: Note that the Accounts Receivable sub-ledger balances to the Accounts Receivable Control Account,

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Karamjit Kaur : Attempt 1 Time Limit: 2:30:00 Time Left:1:40:26 Page 1: Note that the Accounts Receivable sub-ledger balances to the Accounts Receivable Control Account, so that is not an issue for you. In your investigation, you have found the following: Page 2: All Accounts Receivable in the sub-ledger: 6,000: total number of customer accounts 2 $4,000,000: total dollar value of Accounts Receivable recorded in Barbosa Inc.'s accounting system. Page 3: In the Sample of the Accounts Receivable: 500: total number of customer accounts sampled 3 $200,000: total dollar value of those sampled customer accounts recorded in Barbosa Inc's accounting system. Page 4: $4,000: total dollar value of the misstatements found in the sample. I 4 It has been decided that the materiality level for a material misstatement is $90,000. REQUIRED: [A] Calculate the Likely Aggregate Misstatement using the RATIO Method (students must show calculations in their written responses). Testbank-2020062..zip DE Testbank-Auditing..pdf Show Type here to search O 9 e M W ~DX ENG 9:28 PM 2020-07-2 DELL F3

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