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at the end of the fiscal year,account recivebel has a balance of $100,000 and allowance for...

at the end of the fiscal year,account recivebel has a balance of $100,000 and allowance for doubtful account has a balance of$7,000 the expcted net rellizebel value of the account recivebel is:?

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Answer #1

Expected net realizable value of accounts receivable = Accounts receivable - Allowance for doubtful accounts

= 100,000 - 7000

= 93000

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