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QUESTION 3 After the accounts are adjusted at the end of the focal year, Accounts Receivable has a balance of $600,000, the Allowance for Doubtful

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QUESTION 3 After the accounts are adjusted at the end of the focal year, Accounts Receivable has a balance of $600,000, the Allowance for Doubtful Account has a normal negative contra balance of $69.000, and bad debts expense has a balance of 535,000. What is the net realitzable value of the ceivable? 1.5680.000 2.5769,000 3. $501,000 4. $89,000

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