Multiple Choice
Accounts receivable has a balance of $8000 and the Allowance for doubtful debts has a credit balance of $450.The allowance method is used.What is the net realisable value after a $170 account receivable is written off?
A) $7550
B) $7720
C) $7380
D) $8000
Correct Answer:
Verified
Correct Answer:
Verified
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