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Entity H uses the allowance method for recording bad debt expense. Its Accounts receivable balance is $92,000 and the Allowance for doubtful accounts balance is
Entity H uses the allowance method for recording bad debt expense. Its Accounts receivable balance is $92,000 and the Allowance for doubtful accounts balance is $2,300. Entity H writes off a $400 account. What is the net realizable value of the accounts receivable after the write-off? $89,300. $90,100. Need more information. $89,700.
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