At the end the fiscal year, account receivable has a balance of 100,000 and allowance
FINANCIAL
POST UTME OAU
At the end the fiscal year, account receivable has a balance of 100,000 and allowance for doubtful account has a balance of 7,000. The expected that realized value of the account receivable is:
- A) ?107,000
- B) ?100,000
- C) ?93,000
- D) ?147,000
Correct Answer: C) ?93,000
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *