What is the following is not true of massage? it is considered an "alternative" therapy. it may be covered by health insurance when prescribed by a physician or physical therapist. it can promote relaxation and relieve pain. it can be done using a massage chair or table.

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)