Sheena Company has accounts receivable of $13,000, with an estimated net realizable value of $12,000 on December 31, 2010. At what amount would the accounts receivable be measured on the December 31, 2010 balance sheet?

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Accounts receivable are measured at their net realizable value on the balance sheet, which is the estimated amount expected to be collected, $12,000 in this case.

Sheena Company Has Accounts Receivable of $13,000, with an Estimated