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On December 1, Accounts Receivable has a debit balance of $6,600 and Allowance for Bad Debts has a credit balance of $230. On December 31,
On December 1, Accounts Receivable has a debit balance of $6,600 and Allowance for Bad Debts has a credit balance of $230. On December 31, the company determined it could not collect $60 from Charter Company and wrote if off using the allowance method. What is the net realizable value of Accounts Receivable on December 31? Question 9 options: $6,540 $6,770 $6,660 $6,370
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