Question: Please show all steps if possible William Co. determined that the net realizable value (NRV) of its accounts receivable at December 31, year 1, based

Please show all steps if possible

William Co. determined that the net realizable value (NRV) of its accounts receivable at December 31, year 1, based on an aging of the receivables, was $650,000. Additional information is as follows:

Allowance for uncollectible
accounts

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