Before the Accounts Are Adjusted and Closed at the End

question 8

Multiple Choice

Before the accounts are adjusted and closed at the end of the year,Accounts Receivable has a normal balance of $200,000 and Allowance for Doubtful Accounts has a debit balance $20,000.What is the net realizable value of the accounts receivable?

• A)$180,000
• B)$20,000
• C)$220,000
• D)$200,000

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Definitions:

Stress

A state of mental or emotional strain or tension resulting from adverse or demanding circumstances.

Sex

Biological and physiological characteristics that define humans as male or female.

Alarm Reaction

The initial response of the body's stress system, activating the fight or flight response to perceive threats.

General Adaptation Syndrome

A three-stage response (alarm, resistance, exhaustion) that the body has to long-term exposure to stress, proposed by Hans Selye.