An analysis and aging of Brightstar Inc. accounts receivable at September 30, 2024, disclosed the following: Item Accounts receivable Amount $2,350,000 Allowance for doubtful accounts (per books) $89,400 Amounts estimated to be uncollectible $152,750 What is the net realizable value of Brightstar's receivables at September 30, 2024?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 6MC: Prior to adjustments, Barrett Companys account balances at December 31, 2019, for Accounts...
icon
Related questions
Question
100%

Quick answer of this accounting questions

An analysis and aging of Brightstar Inc. accounts receivable at September 30, 2024, disclosed
the following:
Item
Accounts receivable
Amount
$2,350,000
Allowance for doubtful accounts (per books) $89,400
Amounts estimated to be uncollectible
$152,750
What is the net realizable value of Brightstar's receivables at September 30, 2024?
Transcribed Image Text:An analysis and aging of Brightstar Inc. accounts receivable at September 30, 2024, disclosed the following: Item Accounts receivable Amount $2,350,000 Allowance for doubtful accounts (per books) $89,400 Amounts estimated to be uncollectible $152,750 What is the net realizable value of Brightstar's receivables at September 30, 2024?
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning