What is the cash realizable value


At the end of 2009, Tatum Co has accounts receivable of $700,000 and an allowance for doubtful accounts of $28,000. On January 24, 2010, it is learned that the company's receivable from Novinger Inc. is not collectible and therefore management authorizes a write-off of $2000.What is the cash realizable value of the accounts receivable?

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Accounting Basics: What is the cash realizable value
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