Accounts are closed and adjusted at the end of the year. Accounts receivable has a balance of $350,000 and the allowance for doubtful accounts has a balance of $15,000. What is the net realizable value of the accounts receivable?© BrainMass Inc. brainmass.com June 3, 2020, 9:24 pm ad1c9bdddf
The net realizable value is the amount of cash that is expected to be collected from accounts ...
The solution explains how to calculate the new realizable value of accounts receivables