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Before recording any adjusting entries. Ancient Family Company reports the following intormatioc oc its Linculjusted Trial Balance (as of 12/31/2015 ): Ancient Family Company uses
Before recording any adjusting entries. Ancient Family Company reports the following intormatioc oc its Linculjusted Trial Balance (as of 12/31/2015 ): Ancient Family Company uses the Percentage of Credit Sales method and estimates that 1% ef aredir saies are uncollectible. What is the Net Realizable Value of Accounts Receivable than aill be reported on the company"s balance sheet as of 12/31/15 ? (3 points)
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