21. A company reports Accounts Receivable of $150,000. After…

Questions

21. A cоmpаny repоrts Accоunts Receivаble of $150,000. After аdjustment, Allowance for Doubtful Accounts has a $9,000 credit balance. What is the net realizable value of the receivables? 1. $9,000 2. $141,000 3. $150,000 4. $159,000 Instructions to students: Type in the number of the answer of your choice (type in either 1, 2, 3, or 4). Do not type in a decimal after inputting the number.