Business, 02.01.2021 01:00 mayavue99251
Dearborn owns a department store that has a $45,700 balance in Accounts Receivable and a $3,000 credit balance in Allowance for Doubtful Accounts. 1. Determine the net realizable value of the accounts receivable. 2. Assume that an account receivable in the amount of $420 was written off using the allowance method. Determine the net realizable value of the accounts receivable after the write-off.
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Dearborn owns a department store that has a $45,700 balance in Accounts Receivable and a $3,000 cred...
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