Line Drive Apparel had a balance in accounts receivable of $123,000 and a balance in the allowance

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Line Drive Apparel had a balance in accounts receivable of $123,000 and a balance in the allowance account of $12,000. During the year, Line Drive made an entry to write off a $9,000 uncollectible account. What is the net realizable value of accounts receivable before and after the write-off entry?

Posted Date: May 31, 2024 11:02 AM

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Line Drive Apparel had a balance in accounts receivable of $123,000 and a balance in the allowance

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