After the accounts are adjusted and closed at the end of the fiscal ye.docx
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $659,766 and Allowance for Doubtful Accounts has a balance of $18,550. What is the net realizable value of the accounts receivable? Select the correct answer. Solution Answer: Net realizable value of accounts receivable =Account receivables balance - Allowances for doubtful accounts = 659766 -18550 =$641216 .
After the accounts are adjusted and closed at the end of the fiscal ye.docx
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $659,766 and Allowance for Doubtful Accounts has a balance of $18,550. What is the net realizable value of the accounts receivable? Select the correct answer. Solution Answer: Net realizable value of accounts receivable =Account receivables balance - Allowances for doubtful accounts = 659766 -18550 =$641216 .
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After the accounts are adjusted and closed at the end of the fiscal ye.docx
- 1. After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $659,766 and Allowance for Doubtful Accounts has a balance of $18,550. What is the net realizable value of the accounts receivable? Select the correct answer. $18,550 $678,316 $641,216 $659,766 Solution Answer: Net realizable value of accounts receivable =Account receivables balance - Allowances for doubtful accounts = 659766 -18550 =$641216