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Business, 15.11.2019 23:31 Teedollasign

Blended company uses the allowance method to account for uncollectible receivables. at the beginning of the year, allowance for bad debts had a credit balance of $ 1 comma 300. during the year blended wrote off uncollectible receivables of $ 2 comma 000. blended recorded bad debts expense of $ 2 comma 900. blended's year-end balance in allowance for bad debts is $ 2 comma 200. blended's ending balance of accounts receivable is $ 19 comma 400. compute the net realizable value of accounts receivable at year-end
a. $ 16 comma 500
b. $ 17 comma 400
c. $ 19 comma 400

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