The Following Account Balances Were Extracted from the Accounting Records

question 30

Multiple Choice

The following account balances were extracted from the accounting records of A and D Corporation: What is the net realizable value of the accounts receivable?

• A) $145,000
• B) $110,000
• C) $ 75,000
• D) $ 50,000

---

Definitions:

Structure

Refers to the arrangement of and relations between the parts or elements of something complex.

Union Organizing

The process of forming or joining a labor union to represent employees in negotiations with employers.

Major Objective

The primary goal or aim that an organization or individual seeks to achieve.

National Labor Relations Act

The National Labor Relations Act is a foundational piece of US labor law legislation enacted in 1935 that protects the rights of employees to organize, engage in collective bargaining, and take collective action, including striking if necessary.