Multiple Choice
Tabor Company had trade receivables of $450,000 and an allowance for doubtful accounts of $15,500 just prior to writing off as worthless a trade receivable from Fox Company of $5,000. What was the net realizable value of trade receivables as shown by the accounting record before and after the write-off? 
A) Choice A
B) Choice B
C) Choice C
D) Choice D
Correct Answer:
Verified
Correct Answer:
Verified
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