After the accounts are adjusted at the end of the year, Accounts Receivable has a balance of $235,000, Uncollectible Accounts Expense has a balance of $17,500, and Allowance for Doubtful Accounts has a balance of $12,500. What is the net realizable value of the accounts receivable?
What will be an ideal response?
$222,500
Net realizable value = Accounts receivable of $235,000 ? Allowance for doubtful accounts of $12,500 = $222,500
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