Multiple Choice
After the accounts are adjusted at the end of the fiscal year,Accounts Receivable has a balance of $430,000 and Allowance for Doubtful Accounts has a balance of $30,000.What is the net realizable value of the receivables?
A) $30,000
B) $460,000
C) $430,000
D) $400,000
Correct Answer:
Verified
Correct Answer:
Verified
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