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After its accounts are adjusted and closed at the end of its fiscal year, Larkin Companys Accounts Receivable has a balance of $450,000 and its
After its accounts are adjusted and closed at the end of its fiscal year, Larkin Companys Accounts Receivable has a balance of $450,000 and its Allowance for Doubtful Accounts has a balance of $25,000. What is the net realizable value of Larkins accounts receivable?
a. $25,000
b. $425,000
c. $450,000
d. $455,000
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