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What net realizable value of accounts receivable at december

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Reference no: EM132512296

An analysis and aging of the accounts receivable of the Crenny Corporation at December 31 reveal the following information:

Accounts Receivable $3,200,000 (debit)

Allowance for doubtful Accounts $200,000 (credit)

Per the age schedule the estimate of the uncollectible accounts $260,000

Question 1: What is the net realizable value of accounts receivable at December 31 after adjustment?

Reference no: EM132512296

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