The Following Account Balances Were Extracted from the Accounting Records

question 66

Multiple Choice

The following account balances were extracted from the accounting records of Thomas Corporation at the end of the year: What is the net realizable value of the accounts receivable?

• A)$1,065,000
• B)$1,100,000
• C)$1,135,000
• D)$1,160,000

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Definitions:

Glossopharyngeal Nerve

The ninth cranial nerve, responsible for sensory and motor functions in the throat and back of the tongue.

Sympathetic Nerve

The sympathetic nervous system is part of the autonomic nervous system that prepares the body for 'fight or flight' responses during perceived threats.

Carotid Baroreceptors

Sensors located in the carotid arteries that monitor blood pressure and relay information to the central nervous system to maintain stable blood pressure.

Glossopharyngeal Nerve

The glossopharyngeal nerve is the ninth cranial nerve, which has both sensory and motor functions, including taste sensation and stimulating muscle movement in swallowing.