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Thor's Hammer Company made an entry to write off a $38,000 uncollectible account. Before this entry was made, the balance in accounts receivable was $250,000
Thor's Hammer Company made an entry to write off a $38,000 uncollectible account. Before this entry was made, the balance in accounts receivable was $250,000 and the balance in the allowance for expected credit losses account was $18,000. What is the net realizable value of accounts receivable after the write-off entry
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