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After the accounts are adjusted and closed at the end of the fiscal year, Accounts...

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Accounting

After the accounts are adjusted and closed at the end of the fiscal year, Accounts Receivable has a balance of $675,467 and Allowance for Doubtful Accounts has a balance of $23,000. What is the net realizable value of the accounts receivable?

a. $652,467 b. $675,467 c. $698,467 d. $23,000

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