Following the Completion of an Aging Analysis, the Accountant for Liberty

question 11

Multiple Choice

Following the completion of an aging analysis, the accountant for Liberty estimated that $1,100 of the receivables would be uncollectible. What would the net realizable value of the receivables on Liberty's year-end balance sheet be?

• A) $30,100.
• B) $28,900.
• C) $29,900.
• D) $28,800.

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