At the end of 2017, Waterway Company has accounts receivable of $434,200 and an allowance...
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Accounting
At the end of Waterway Company has accounts receivable of $ and an allowance for doubtful accounts of $ On January Waterway Company determined that its receivable from Maximillan Company of $ will not be collected, and management authorized its writeoff
I dont understand the calculation of the net realizable value after waterway companys AR write off of the maximillian receivable
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