The Chief Accountant of Siriba Limited wants to prepare a report on the company's accounts receivable....

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The Chief Accountant of Siriba Limited wants to prepare a report on the company's accounts receivable. Below is a frequency distribution showing the amount outstanding: Amount:Kshs Frequency 0-2000 2,000-4,000 4,000-6,000 6,000-8,000 8,000-10,000 10,000-12,000 12,000-14,000 Required: i. ii. iii. 4 15 18 10 4 3 6 Mean using the assumed mean method Median amount The modal amount owed 58 (5 Marks) (3 Marks) (4 Marks) The Chief Accountant of Siriba Limited wants to prepare a report on the company's accounts receivable. Below is a frequency distribution showing the amount outstanding: Amount:Kshs Frequency 0-2000 2,000-4,000 4,000-6,000 6,000-8,000 8,000-10,000 10,000-12,000 12,000-14,000 Required: i. ii. iii. 4 15 18 10 4 3 6 Mean using the assumed mean method Median amount The modal amount owed 58 (5 Marks) (3 Marks) (4 Marks)

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The detailed answer for the above question is provided below i Frequency Distribution Table Am... View the full answer