Question
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $720,453 and Allowance for Doubtful
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $720,453 and Allowance for Doubtful Accounts has a balance of $19,234. What is the net realizable value of the accounts receivable?
Select the correct answer.
a.$701,219
b.$19,234
c.$720,453
d.$739,687
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Cost Management Accounting And Control
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
0324002327, 978-0324002324
