The data presented below is for Craft, Inc for 2015. Credit sales during the year $2,100,000 Accounts receivable—December 31, 2015 295,000 Allowance for doubtful accounts—December 31, 2015 28,000 Bad debt expense for the year 17,000 What amount will Craft show on its year-end balance sheet for the net realizable value of its accounts receivable?
a. $295,000
b. $267,000
c. $250,000
d. $ 28,000
b
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Pretesting is the testing of the questionnaire on a small sample of respondents for the purpose of improving the questionnaire by identifying and eliminating potential problems before using it in the actual survey
Indicate whether the statement is true or false
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