After the Accounts Are Adjusted and Closed at the End

question 85

Multiple Choice

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $340,000 and Allowance for Doubtful Accounts has a balance of $51,000. What is the net realizable value of accounts receivable?

• A) $51,000
• B) $289,000
• C) $340,000
• D) $391,000

---

Definitions:

Accommodating Emotional Style

A behavioral approach that prioritizes others' emotional needs and seeks to adjust oneself to bring comfort or harmony in interactions.

Workplace

A place where people are employed and carry out tasks related to their jobs.

Self-disclosure

A process in interpersonal interactions where individuals share personal, private, or sensitive information about themselves with others, fostering intimacy or trust.

Stress Relief

Activities or practices that reduce tension and anxiety, promoting emotional and physical well-being.