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XYZ Company provided the following information related to its accounts receivable and allowance for doubtful accounts for the year 20X3, prior to any year-end adjusting

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XYZ Company provided the following information related to its accounts receivable and allowance for doubtful accounts for the year 20X3, prior to any year-end adjusting entries: Beginning Bal. Credit Sales Ending Bal. Accounts Recelvable $325,000 $530,000 $555,000 ??? $342,000 Cash Collected Write-Offs Allowance for Doubtful Accounts $15,000 ??? Write-Offs Beginning Bal. Bad Debt Expense Ending Bal. 2% of 20X3 credit sales are estimated to be uncollectible XYZ Company uses the percentage of credit sales method to estimate bad debt expense for the period. After recording the adjustment for bad debt expense, what is the net realizable value of XYZ Company's accounts receivable at the end of 20X3? O CANNOT BE DETERMINED O $11,100 O $323,900 O $330,900 O $8,000 40 40 TH 14 of 35

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