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Question
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $340,000 and Allowance for Doubtful Accounts has a balance of $51,000. What is the net realizable value of accounts receivable?
a. $51,000
b. $289,000
c. $340,000
d. $391,000
Answer
This answer is hidden. It contains 1 characters.
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