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Bagsy Co. has an accounts receivable balance of $350,000. It estimates that $70,000 will be uncollectible. Calculate the net realizable value of the receivables. a.$280,000
Bagsy Co. has an accounts receivable balance of $350,000. It estimates that $70,000 will be uncollectible. Calculate the net realizable value of the receivables.
a.$280,000
b.$820,000
c.$420,000
d.$105,000
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