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A company reports the following balances at the end of the current year: Accounts Receivable $525,000 Bad Debts Expense 4,000 Allowance for Bad Debts
A company reports the following balances at the end of the current year: Accounts Receivable $525,000 Bad Debts Expense 4,000 Allowance for Bad Debts 5,000 What is the net realizable value of accounts receivable? O $525,000 O $520,000 O $516,000 $5,000
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