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QUESTION 2 Credit sales for the year were $40,000. Ending accounts receivable is $3,000. The Allowance for Doubtful Accounts has a credit balance of $300.

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QUESTION 2 Credit sales for the year were $40,000. Ending accounts receivable is $3,000. The Allowance for Doubtful Accounts has a credit balance of $300. The accountant aged the accounts receivable and determined that $620 would be uncollectible. 2. What is the net realizable value after the adjusting entry is made? A. $3,480 B. $2,380 C. $3,300 D.53,680

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