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An analysis & aging accounts receivable of the Lucille Company at Dec 31, 2008:
Accounts Receivable-------840,000
Allowance for doubtful accounts
(Before adjustment)-------------------------36,000
Accounts estimated to be uncollectibele------76,800
Compute the net realizable value of the accounts receivable of Lucille Company at Dec 31, 2008.
Please how do i compute this, what is the formula.
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Other people asked questions on various topics, and are still waiting for answer. Would be great if you can take a sec and answer them
