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Fast2F Fast2F
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7 years ago
Myra's balance of Accounts Receivable is $4,000. The balance of the Allowance account is $600 credit. Myra writes off a $150 uncollectible account. The effect on net realizable value of the receivables is that it:
A) reduces net realizable value.
B) is unchanged.
C) is undeterminable.
D) increases net realizable value.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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Fast2F Author
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#2
7 years ago
I’m very happy now Smiling Face with Open Mouth Thank you for the answe
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