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The auditors have sampled 50 accounts from a population of 250 accounts receivable. The sample items have a mean book value of $204 and a
The auditors have sampled 50 accounts from a population of 250 accounts receivable. The sample items have a mean book value of $204 and a mean audited value of $208. The book value in the population is $50,000. What is the estimated total audited value of the population using the difference method?
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