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Unformatted text preview: the amount of $900 was uncollectible. 3. On February 20, 2009, the company received the Green Company’s check in the amount of $400. The check was marked “in final settlement of account.” REQUIRED: Record all of the necessary journal entries for these transactions. Determine the net realizable value (NRV) of accounts receivable after each transaction....
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This note was uploaded on 02/08/2011 for the course ACCT 2101 taught by Professor Turner during the Spring '08 term at Georgia Tech.
- Spring '08