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Mellon Corporation
the Data Presented Below Are for Mellon Corporation

question 184

Multiple Choice

Mellon Corporation
The data presented below are for Mellon Corporation for the year ended December 31,2017:
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 Sales (100% on credit)  $1,500,000 Sales returns 60,000 Accounts receivable (December 31, 2017)  250,000 Allowance for doubtful accounts (credit balance)  (before adjustment at December 31,20173,000 Estimated amount of uncoll ectible accounts based on an aging analysis 31,000\begin{array}{lr}\text { Sales (100\% on credit) } & \$ 1,500,000 \\\text { Sales returns } & 60,000 \\\text { Accounts receivable (December 31, 2017) } & 250,000 \\\text { Allowance for doubtful accounts (credit balance) (before adjustment at December } & \\31,2017 & 3,000 \\\text { Estimated amount of uncoll ectible accounts based on an aging analysis } & 31,000\end{array}
-Refer to the information for Mellon Corporation. ?
If Mellon uses the aging of accounts receivable approach to estimate its bad debts,what will be the net realizable value of its accounts receivable after the adjustment for bad debts expense?


Definitions:

Counterproductive Work Behaviors

Actions by employees that harm or intend to harm a company and its resources.

Voluntary

Refers to actions or services performed out of free will without any coercion or legal obligation.

Threats

Potential causes of harm or danger to individuals, organizations, or systems, stemming from various sources like environmental conditions, cyber-attacks, or competitive actions.

Work Avoidance

Behaviors or attitudes aimed at evading tasks or responsibilities, often due to lack of motivation or fear of failure.

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