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On January 1, 2014, Howe Company's Accounts Receivable balance was $11,700 and the balance in the Allowance for Doubtful Accounts was $585. On January 5,
On January 1, 2014, Howe Company's Accounts Receivable balance was $11,700 and the balance in the Allowance for Doubtful Accounts was $585. On January 5, 2014, a $370 uncollectible account was written-off as uncollectible. Assuming that no other transactions related to accounts receivable had occurred, the net realizable value of accounts receivable immediately after the write-off was $11,115. $10,745. $11,700. $11,330.
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