After the accounts are adjusted and closed at the end of the year, accounts receivable have a final balance of $420,000, and an estimate of $65,000 is set aside for doubtful accounts. What is the net realizable value (NRV) of accounts receivable?
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What is the net realizable value (nrv) of account receivable? General accounting question
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- What is the net realized value of accounts receivable?What is the net realisable value of account receivable ?After the accounts are adjusted and closed at the end of the year, accounts receivable have a final balance of $750,000 and an estimate of $93,000 is estimated for doubtful accounts. What is the net realizable value of accounts receivable? Accounting
- At the end of the fiscal year, accounts receivable has a balance of $100000 and allowance for doubtful accounts has a balance of $ 7000. the expected net realizable value of the accounts receivable is?What is the net realizable value of account receivables?After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $450,000 and Allowance for Doubtful Accounts has a balance of $25,000. What is the net expected realizable value of the accounts receivable? $25,000 O $450,000 O $455,000 $425,000
- What is the net realizable value of accounts receivable on these accounting question?Provide correct net realizable value of accounts receivable?After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $754,825 and Allowance for Doubtful Accounts has a balance of $18,222. What is the net realizable value of accounts receivable?
- After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $610,084 and Allowance for Doubtful Accounts has a balance of $20,670. What is the net realizable value of the accounts receivable? Select the correct answer. $20,670 $610,084 $630,754 $589,414What is the net realizable value of accounts receivable after the write off entry on these financial accounting question?Suppose the balance in the Allowance for Doubtful Accounts at the end of year is a $400 Debit balance before adjustment. The company estimates future uncollectible accounts to be $3,200. At what amount would Bad Debt Expense be reported in the current year's income statement? A. $400 B. $2,800 C. $3,600 D. $3,200