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At the end of the year a company has gross accounts receivable of $65,500. The allowance for doubtful accounts has a balance of $7,600, and
At the end of the year a company has gross accounts receivable of $65,500. The allowance for doubtful accounts has a balance of $7,600, and sales discounts for the year were $5,400.What is the net realizable value of accounts receivable that the company will report on its balance sheet?
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