ACC 291 Week 1 chapter 8 quiz

Feb 3rd, 2012
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Ashford University
Course: ACC 291
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An analysis and aging of the accounts receivable of Prince Company at December 31 reveals the following data. Accounts receivable $800,000 Allowance for doubtful accounts per books before adjustment 50,000 Amounts expected to become uncollectible 65,000 The cash realizable value of the accounts receivable at December 31, after adjustment, is: a. $685,000. b. $750,000. c. $800,000. d. $735,000.

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