Multiple Choice
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) increases net realizable value.
C) is unchanged.
D) is undeterminable.
Correct Answer:

Verified
Correct Answer:
Verified
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