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I need help. On January 1, Foster Company had the following (normal) account balances: Accounts Receivable: $ 75,800 Allowance for Uncollectible 2,350 Accounts: The bookkeeper,

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On January 1, Foster Company had the following (normal) account balances: Accounts Receivable: $ 75,800 Allowance for Uncollectible 2,350 Accounts: The bookkeeper, Barbara Long, has prepared the following information for the year to assist you in creating a balance sheet. Credit Sales for the Year: $ 235,100 Collections of Accounts Receivable: 236,950 Write-off of Bad Debts: 250 Bad Debts Exam for Year: 390 (recorded as an adjusting entry on December 3 1) Required: Prepare the detailed balance sheet presentation of net realizable value. Foster Company Current Assets (partial) December 31 Current Assets: (Choose one)

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