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After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $340,000.00 and Allowance for Doubt
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $340,000.00 and Allowance for Doubt Accounts has a balance of $51,000.00. What is thr net realized value of the Accounts Receivable?
(A). $340,000.00
(B). $391,000.00
(C). $289,000.00
My calulations came to
Answer is $289,000.00
Please confirm
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
