760-Financi... u have been asked to ct....X Actions For 08dnb 0 user/attempt/qui

Question

760-Financi... u have been asked to ct....X Actions For 08dnb 0 user/attempt/quiz start frame.d2Pou-51517&isprv;&drc-18qi-272374;&cfql; nancial Accounting for Managers SP188-Sectio goo d Assessments Communication v My Tools me Left 1:39:39 Sharde Johnson: Attempt 1 After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $500,000 and Allowance for Doubtful Accounts has a balance of $25,000. What is the net realizable value of the accounts receivable? A) $25,000 B) $525,000 C)$475,000 D) $500,000 Save Question 6 (5 po

Explanation / Answer

Answer C. $475,000

Explanation :

Net realizable value accounts receivable = Accounts receivable balance - Allowance for doubtful accounts balance.

= $500,000 - $25,000 = $475,000

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