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In Reviewing the Accounts Receivable, the Cash Receivable Value Is

Question 99

Multiple Choice

In reviewing the accounts receivable, the cash receivable value is $21,000 before the write-off of a $1,500 account. What is the cash receivable value after the write-off?


A) $21,000
B) $1,500
C) $22,500
D) $19,500

Correct Answer:

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