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Vinil7 [7]
3 years ago
5

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $673,252 and Allo

wance for Doubtful Accounts has a balance of $25,716. What is the net realizable value of the accounts receivable?
Business
1 answer:
ioda3 years ago
6 0

Answer:

Net realizable value = $647536

Explanation:

Below is the calculation for net realizable value:

Given the accounts receivable = $673252

Allowance for doubtful accounts = $25716

Net realizable value = Accounts receivable - allowance for doubtful account

Net realizable value = 673252 - 25716

Net realizable value = $647536

Therefore the net realizable value is $647536.

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2 years ago
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snow_tiger [21]

Answer:

The correct option is (b)

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4 0
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