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What is the net realizable as of December

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Question - After the December 31, 2019 adjusting journal entries have been posted, Sinclair Enterprises has the following account balances (all accounts have normal balances):

Account Title Account Balance

Accounts Receivable $154,000

Allowance for Bad Debts $4700

Bad Debts Expense $8000

Required - What is the net realizable as of December 21, 2019?

A) $158,700

B) $146,000

C) $141,300

D) $149,300

Reference no: EM132535788

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