SOUTHWEST..ESSEN.OF TAX.2020 W/CENGNOWV
23rd Edition
ISBN: 9780357251881
Author: Raabe
Publisher: Cengage Learning
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Subject:- General Account
During the year, Kiner Company made an entry to write off a $9,000 uncollectible account. Before this entry was made, the balance in accounts receivable was $315,000 and the balance in the allowance account was $27,000. The net realizable value of accounts receivable after the write-off entry was: A. $200,000. B. $184,000. C. $176,000. D. $288,000. answer
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