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    Financial Accounting Tools Study Set 2
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    Exam 8: Reporting and Analyzing Receivables
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    The Net Realizable Value of the Accounts Receivable Is $21,000
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The Net Realizable Value of the Accounts Receivable Is $21,000

Question 58

Question 58

Multiple Choice

The net realizable value of the Accounts Receivable is $21,000 before the write off of a $1,500 account.What is the net realizable value after the write off?


A) $22,500
B) $21,000
C) $19,500
D) $18,000

Correct Answer:

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