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True, Inc. has written off a $4,000 account as.

True, Inc. has written off a $4,000 account as non-collectable. The balance in the accounts receivable was $542,000 and the balance in the allowance for doubtful accounts was $16,000 prior to the write off. What is the net realizable value of accounts receivable after the receivable was written off?


1) $522,000


2) $526,000


3) $538,000


4) $542,000
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May 22 2018 View more View Less

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