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Using the following information: Accounts receivable Allowance Cash realizable value 12/31/17 $519000 (34500) $484500 Du
Posted: Sun Jul 03, 2022 1:16 pm
by answerhappygod
- Using The Following Information Accounts Receivable Allowance Cash Realizable Value 12 31 17 519000 34500 484500 Du 1 (53.47 KiB) Viewed 11 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.