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upton upton
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6 years ago
After the accounts are adjusted and closed at the end of the year, Accounts Receivable has a normal balance of $560,000 and Allowance for Doubtful Accounts has a normal balance of $35,000. What is the net realizable value of the Accounts Receivable?
A) $525,000
B) $560,000
C) $595,000
D) The amount cannot be determined from the given information.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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6 years ago
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upton Author
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6 years ago
Thanks for your help!!
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Good timing, thanks!
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