attemptquiz start framedzrou51518SP 000 cial Accounting for

attempt/quiz start frame.dzrou:5151/8SP 000 cial Accounting for Managers SP188-Sectio ssments Communication My Tools eft:1:37:17 Sharde Johnson: Attempt 1 Question 5 (5 points) After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $500,000 and Allowance for Doubtful Accounts has a balance of $25,000. What is the net realizable value of the accounts receivable? C A) $25,000 B) $525,000 C $475.000 D) $500,000 Save Question 6

Solution

The net realizable value of the accounts receivable :-

Accounts receivable balance - Allowance for doubtful accounts balance

I.e. $500000 - $25000 = $475000

So, Correct option is \" C \" i.e. $475000