After the accounts are adjusted and closed at the end of the fiscal year, Accounts...
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Accounting
After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $787,365 and Allowance for Doubtful Accounts has a balance of $20,575. What is the net realizable value of the accounts receivable?
a.$787,365
b.$807,940
c.$766,790
d.$20,575
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