Business, 30.03.2020 23:08 sophiapknight

The accounts receivable balance is $1,000,000. After adjustment, the allowance for doubtful account balance is $40,000. Net Sales were $12,000,000 and COGS was $8,000. What is the net realizable value of the receivables?

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The accounts receivable balance is $1,000,000. After adjustment, the allowance for doubtful account...

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