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An Analysis and Aging of the Accounts Receivable of Watts

question 169

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An analysis and aging of the accounts receivable of Watts Company at December 31 reveal these data: Accounts receivable $3,200,000 Allowance for doubtful accounts per books before adjustment200,000 Amounts expected to become uncollectible260,000\begin{array} { l } \text {Accounts receivable }&\$3,200,000\\ \text { Allowance for doubtful accounts per books before adjustment}&200,000\\ \text { Amounts expected to become uncollectible}&260,000\\\end{array}
What is the cash realizable value of the accounts receivable at December 31 after adjustment?


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