Page 1 of 1

Royal Company uses the aging-of-receivables method to estimate uncollectible receivables. Assume the Accounts Receivable

Posted: Thu May 19, 2022 12:33 pm
by answerhappygod
Royal Company Uses The Aging Of Receivables Method To Estimate Uncollectible Receivables Assume The Accounts Receivable 1
Royal Company Uses The Aging Of Receivables Method To Estimate Uncollectible Receivables Assume The Accounts Receivable 1 (21.37 KiB) Viewed 50 times
Royal Company uses the aging-of-receivables method to estimate uncollectible receivables. Assume the Accounts Receivable balance is $450,000 and the estimated total uncollectible is expected to be $30,000. What is the net realizable value of Acco Receivable? O A. $450,000 OB. $30,000 OC. $420,000 OD. $480,000