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In Reviewing the Accounts Receivable, the Cash Realizable Value Is

Question 66

Multiple Choice

In reviewing the accounts receivable, the cash realizable value is $16,000 before the write-off of a $1,500 account.What is the cash realizable value after the write-off?


A) $1,500
B) $14,500
C) $16,000
D) $17,500

Correct Answer:

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