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A company reports accounts receivable of 5150,000 on its balance sheet. The Allowance for Bad Debts has a crecit balance of 515,000 . if a
A company reports accounts receivable of 5150,000 on its balance sheet. The Allowance for Bad Debts has a crecit balance of 515,000 . if a specific customer's account weth a balance of 55,000 is written off as uncollectible, what is the cash (or net) realizable value of the accounts receivable? a. 5135,000 b. $150,000 c. $155,000 d. $165,000
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