A client has 100 customers constituting a total accounts receivable balance of $2 million.Twenty of the client's customers currently have balances over $50,000, with the remainder having balances less than this amount.If auditors decide to send confirmations to the twenty customers with balances of at least $50,000, what percentage of the total accounts receivable will the auditor ultimately audit?

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The Answer of A client has 100 customers constituting a total accounts receivable balance of $2 million.Twenty of the client's customers currently have balances over $50,000, with the remainder having balances less than this amount.If auditors decide to send confirmations to the twenty customers with balances of at least $50,000, what percentage of the total accounts receivable will the auditor ultimately audit?

A Client Has 100 Customers Constituting a Total Accounts Receivable