After the accounts are adjusted and closed at the end of the year,Accounts Receivable has a normal balance of $540,000 and Allowance for Doubtful Accounts has a normal balance of $25,000.What is the net realizable value of the Accounts Receivable?
A)$540,000
B)$565,000
C)$515,000
D)The amount cannot be determined from the given information.

Question

Quizplus · Accepted Answer

The Answer is C

After the Accounts Are Adjusted and Closed at the End