Question
On January 15, 2015, the accounts receivable balance was $7,000 and the balance in the allowance for doubtful accounts was $700. On January 16, 2015,
On January 15, 2015, the accounts receivable balance was $7,000 and the balance in the allowance for doubtful accounts was $700. On January 16, 2015, a $200 uncollectible account was written-off. The net realizable value of accounts receivable on January 16 immediately after the write-off is:
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Management and Cost Accounting
Authors: Colin Drury
10th edition
1473748873, 9781473748910 , 1473748917, 978-1473748873
