At the end of the accounting period Anderson Company had $4,500 in accounts receivable and $500 in

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At the end of the accounting period Anderson Company had $4,500 in accounts receivable and $500 in its allowance for doubtful accounts account. Based on this information the net realizable value of accounts receivable is

a. $4,000

b. $4,500.

c.$5,000.

d.The answer cannot be determined with the information provided.

Related Book For answer-question

Fundamental Accounting Principles

ISBN: 978-0078110870

20th Edition

Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta

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Posted Date: Nov 30, 2018 09:32 AM

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At the end of the accounting period Anderson Company had $4,500 in accounts receivable and $500 in

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