Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. after the accounts are adjusted and closed at the

After the accounts are adjusted and closed at the end of the fiscal year, Accounts...

70.2K

Verified Solution

Question

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

**Please show step-by-step of the problem solved**

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

The business faculty of a public university recorded data on the number of students enrolled in...

Statistics
Q

14 Discuss why obesity is a growing epidemic

Biology
Q

Which of these is the best summary of the paragraph Maya Angelou has been called...

Biology
Q

A ring is made of wire having a resistance Ro 120 Find the points A...

Physics
Q

Write the following set as an interval using interval notation x 12 x 9

Basic Math
Q

oblemsA plumber wishes to cut a piece of pipe 32 inches long into two parts...

Basic Math
Q

(Select from the drop-down menu.)

Accounting
Q

Define the expanded role of the PCAOB in the preparation of consistent and transparent financial...

Accounting
Q

A firm operated at 80% of capacity for the past year, during which fixed costs...

Accounting
Q

can anyone help me with my accounting 212 project?

Accounting
Q

Problem 11-18 Relevant Cost Analysis in a variety of Situations [LO11-2, LO11-3, LO11-4] Andretti Company...

Accounting
Q

this year nilo inc granted incentive stock options (ISO) to 230 employees. for financial statement...

Accounting