Question: Can you explain the correct methodology to solve this general accounting problem? After the accounts are adjusted and closed at the end of the year.

Can you explain the correct methodology to solve this general accounting problem?

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? a. $480.000 b. $420.000 c. $450.000 d. $30.000

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