The Accounts Receivable Account of Nuptials Inc

question 100

Multiple Choice

The Accounts Receivable account of Nuptials Inc. is shown below. Calculate the ending balance of the account.

• A)$33,500, debit
• B)$31,000, debit
• C)$3,500, credit
• D)$27,500, debit

---

Definitions:

Sample Size

Sample size refers to the number of observations or data points collected from a subset of a larger population for the purpose of statistical analysis.

Finite Population Correction

An adjustment made to statistical calculations like the standard error when sampling from a finite population, to account for the decreased variability expected in such samples.

Population Size

The total number of individuals or units in the group or set being studied.

Sample Size

This term refers to the number of observations or replicates used in a statistical analysis.