Multiple Choice
At the end of the current year, Jackson Inc.has an Accounts Receivable balance of $200,000 and Allowance for Doubtful Accounts has a negative balance of $(60,000) .What is the net realizable value of the receivables?
A) $60,000
B) $260,000
C) $200,000
D) $140,000
Correct Answer:
Verified
Correct Answer:
Verified
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