A company reports the following for accounts receivable: Required For each year, determine the company's total or
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For each year, determine the company's total or gross accounts receivable, net realizable value of accounts receivable, and allowance for bad debts balance. What does net realizable value represent?
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2012 2011 Accounts receivable, net of allowance of $234 and $267 $5,432 $4905
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2012 2011 Total Accounts Receivable 5666 5172 Less Allowance for Bad Debts balance ...View the full answer
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