An auditor is going to choose a sample of accounts receivable balances at year end...
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Accounting
An auditor is going to choose a sample of accounts receivable balances at year end to test and has determined the appropriate sampling interval to be 4 with a random start of the second balance in the list. Presented below are the first 10 accounts in the list (in order). Determine the first 2 account balances (including the random start) that will be sampled and tested using the sampling interval.
Beads Galore $678
Beads N Such $5,125
Island Time Beads $235
Premier Beads $4,020
Regal Beads $567
Seattle Bead Xchange $321
Shipwreck Beads $3,502
The Bead Place $870
The Bead Place Too $450
The Bead Place Too Phoenix $125
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