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Accounts Receivable Has a $3,450 Balance,and the Allowance for Doubtful

Question 95

Multiple Choice

Accounts Receivable has a $3,450 balance,and the Allowance for Doubtful Accounts has a $300 credit balance.An $120 account receivable is written-off.Net receivables (net realizable value) after the write-off equals:


A) $3,030.
B) $3,150.
C) $3,270.
D) $3,330.

Correct Answer:

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