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I need help. On September 1, Price Company had the following account balances: Accounts Receivable, $89,300; Allowance for Uncollectible Accounts, $4,350. On September 5, Price

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On September 1, Price Company had the following account balances: Accounts Receivable, $89,300; Allowance for Uncollectible Accounts, $4,350. On September 5, Price Company determines that the balance owed by their customer, Watson Company, was uncollectible, and Watson's account of $1,350 is written off. Required: (a) What is the net realizable value (NRV) of the accounts receivable on September 1? (b) What is the NRV on September 5? 1. Net realizable value on September 1 2. Net realizable value on September 5

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