After the accounts are adjusted and closed at the end of the year. Titan Enterprises' accounts receivable have a final balance of $450,000, and an estimate of $30,000 is estimated for doubtful accounts. What is the net realizable value of accounts receivable? Q. $480,000 b. $420,000 c. $450.000 d. $30,000

After the accounts are adjusted and closed at the end of the year. Titan Enterprises' accounts receivable have a final balance of $450,000, and an estimate of $30,000 is estimated for doubtful accounts. What is the net realizable value of accounts receivable? Q. $480,000 b. $420,000 c. $450.000 d. $30,000

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter16: Accounting For Accounts Receivable

Section: Chapter Questions

Problem 3CP: At the end of 20-3, Martel Co. had 410,000 in Accounts Receivable and a credit balance of 300 in...

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