Apr firm in atlanta knows that buying followers is a quick, inexpensive, legal, and effective way to boost quantitative results (followers, likes, comments, etc.) for social media objectives. however, the followers are not real people. can the pr firm ethically report to their client with confidence and good faith that the numbers include thousands of purchased followers that do not really exist?

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)