Using the following information: Accounts receivable Allowance Cash realizable value 12/31/17 $519000 (34500) $484500 Du

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Using the following information: Accounts receivable Allowance Cash realizable value 12/31/17 $519000 (34500) $484500 Du

Post by answerhappygod »

Using The Following Information Accounts Receivable Allowance Cash Realizable Value 12 31 17 519000 34500 484500 Du 1
Using The Following Information Accounts Receivable Allowance Cash Realizable Value 12 31 17 519000 34500 484500 Du 1 (53.47 KiB) Viewed 9 times
Using the following information: Accounts receivable Allowance Cash realizable value 12/31/17 $519000 (34500) $484500 During 2018, sales on account were $145700 and collections on account were $99000. Also during 2018, the company wrote off $3930 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that uncollectible accounts should be estimated at $40600. The change in the cash realizable value from the balance at 12/31/17 to 12/31/18 was a $42770 increase. $44530 increase. $46700 increase. $36670 increase.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply