coco corp. has the following selected account balances as of 12/31/year5: cash $13,500 accounts receivable $128,000 allowance for uncollectible accounts $12,000 (normal, credit balance- a negative asset) inventory $38,000 the first transaction of year6 is the write-off of a customers account of $10,000. what is the net realizable value of accounts receivable after just that first transaction? a. $(2,000) b. $118,000 c. $106,000 d. $128,000 e. $116,000

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05-10-2022
Business

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coco corp. has the following selected account balances as of 12/31/year5: cash $13,500 accounts receivable $128,000 allowance for uncollectible accounts $12,000 (normal, credit balance- a negative asset) inventory $38,000 the first transaction of year6 is the write-off of a customers account of $10,000. what is the net realizable value of accounts receivable after just that first transaction? a. $(2,000) b. $118,000 c. $106,000 d. $128,000 e. $116,000

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