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Question 40 (2 points) The following data concern Wang Corporation for 2017 Credit sales during the year Accounts receivable-December 31, 2017 Allowance for doubtful accounts
Question 40 (2 points) The following data concern Wang Corporation for 2017 Credit sales during the year Accounts receivable-December 31, 2017 Allowance for doubtful accounts --December 31, 2017 Bad debts expense for the year $1,600,000 235,000 18,000 11,000 What amount will Wang show on its year-end balance sheet for the net realizable value of its accounts receivable? $253,000 $235,000 $224,000 $217,000
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