Guthrie Corporation reports accounts receivable at a net realizable value of $2,940,000 (gross receivable of $3,000,000 minus allowance for credit losses accounts of $60,000). Assume that there is an active market for these types of receivables and that the price is 94% of face value. To adjust the receivable's carrying value to fair value, Guthrie would make which of the following entries? Multiple Choice DR Realized loss on receivables $180,000 CR Accounts receivable $180,000 DR Unrealized loss on receivables $120,000 CR Fair value adjustment-- accounts receivable $120,000 DR Unrealized loss on receivables $180,000 CR Fair value adjustment-- accounts receivable $180,000 DR Realized loss on receivables $120,000 CR Accounts receivable $120,000