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Find the net realizable value of accounts receivable

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Question - On January 1, 2013, the accounts receivable balance for Chioda Company was $7,000 and the balance in the allowance for doubtful accounts was $700. On that day, a $300 uncollectible account was written-off. The net realizable value of accounts receivable immediately after the write-off is:

A. $6,300

B. $6,800

C. $6,500

D. $6,100

Reference no: EM131631811

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