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Accounting

At the end of 2014, Aramis Company has accounts receivable of $901,710 and an allowance for doubtful accounts of $49,850. On January 16, 2015, Aramis Company determined that its receivable from Ramirez Company of $7,230 will not be collected, and management authorized its write-off.What is the net realizable value of Aramis Company's accounts receivable after the write-off of the Ramirez receivable?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9968578

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