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On Jan. 1, 20x4, Jordan Company has an Accounts Receivable balance of $290,000 and a balance of $9,000 in the Allowance for Uncollectible Accounts Receivable

On Jan. 1, 20x4, Jordan Company has an Accounts Receivable balance of $290,000 and a balance of $9,000 in the Allowance for Uncollectible Accounts Receivable (Allowance) Account.

What is the Net Realizable Value of Accounts Receivable on this date?

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