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STatiana [176]
3 years ago
5

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $703,938 and Allo

wance for Doubtful Accounts has a balance of $19,734. What is the net realizable value of accounts receivable? a.$684,204 b.$723,672 c.$703,938 d.$19,734
Business
1 answer:
JulijaS [17]3 years ago
7 0

The net realizable value of accounts receivable is $684,204

Explanation:

  • To calculate subtract the doubtful-accounts allowance from the total accounts receivable. The result will be the net realizable value of accounts receivable.
  • accounts receivable = $703,938
  • doubtful-accounts = $19,734.
  • the net realizable value of accounts receivable =
  • accounts receivable ± doubtful-accounts
  • Therefore, the net realizable value of accounts receivable is $684,204

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3M Co. reports beginning raw materials inventory of $902 million and ending raw materials inventory of $855 million. 3M purchase
Greeley [361]

Answer:

$3693 million

Explanation: The materials used in the primary stage of production is called

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Raw material used is the amount of raw materials consumed by the entity

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Raw materials used = begining invetory + purchased inventory - ending invetory

therefore,

Raw materials used = $902 million + $3646 million - $855 million

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5 0
3 years ago
If you've been a victim of identity theft, what should you do after contacting the company that reported the suspicious charge a
stealth61 [152]

Answer: If you've been a victim of identity theft, you should order a credit report after contacting the company that reported the suspicious charge and issuing a credit fraud report (option b)

Explanation:

The credit report is separated into sections like :

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8 0
3 years ago
Read 2 more answers
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pantera1 [17]

Answer:

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Explanation:

Data provided :

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on substituting the values, we get

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3 0
3 years ago
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vichka [17]

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3 0
3 years ago
The government protects the rights of investors by issuing ___.
katen-ka-za [31]
PATENTSPatents are exclusive rights
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3 years ago
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