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After the adjusting entry is made to set up the estimate for uncollectible accounts, Accounts Receivable has a debit balance of $512,200, Note Receivable has
After the adjusting entry is made to set up the estimate for uncollectible accounts, Accounts Receivable has a debit balance of $512,200, Note Receivable has a debit balance of $23,000, and Allowance for Doubtful Accounts has a credit balance of $20,500. What is the net realizable value of the Accounts Receivable?
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
