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Beluga Company uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance
Beluga Company uses the allowance method to account for uncollectible receivables. At the beginning of the year, Allowance for Bad Debts had a credit balance of $1,100. During the year Beluga wrote off uncollectible receivables of $2,400. Beluga recorded Bad Debts Expense of $2,900. Beluga's year-end balance in Allowance for Bad Debts is S1,600. Beluga's ending balance of Accounts Receivable is $20 800 Compute the net realizable value of Accounts Receivable at year end OA. $17,900 B. S18400 O C. $20,800 O D. $19,200 Clck to select your
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