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Sheena Company Has Accounts Receivable of $13,000, with an Estimated

Question 7

Multiple Choice

Sheena Company has accounts receivable of $13,000, with an estimated net realizable value of $12,000 on December 31, 2010. At what amount would the accounts receivable be measured on the December 31, 2010 balance sheet?


A) $1,000
B) $13,000
C) $12,000
D) ($1,000)

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