Question
On January 1, 2011, the Accounts Receivable balance was $21,500 and the credit balance in the Allowance for Doubtful Accounts was $1,470. On January 15,
On January 1, 2011, the Accounts Receivable balance was $21,500 and the credit balance in the Allowance for Doubtful Accounts was $1,470. On January 15, 2011 a $470 uncollectible account was written-off. The net realizable value of accounts receivable immediately after the write-off is:
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Gleim CIA Review Part 2 Practice Of Internal Auditing
Authors: Irvin N. Gleim
2020 Edition
1618542648, 978-1618542649
