Business, 14.06.2020 00:57 cdyshaylia55
The 2,000 accounts receivable of ABC Company have a total book value of $40,000. Bill Rotter, CPA, has selected and audited a sample of 100 accounts with a total book value of $1,950. The audited value of the 100 accounts in the sample is $1,875. Using the difference estimation technique, Rotter's estimate (to the nearest dollar) of year-end accounts receivable balance would be: A) $37,500. B) $38,462. C) $38,500. D) $41,600.
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The 2,000 accounts receivable of ABC Company have a total book value of $40,000. Bill Rotter, CPA, h...
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