An analysis and aging of Pharoah Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible Accounts receivable $183,680 1,793,800 Allowance for doubtful accounts (per books) 128,620 What is the net realizable value of Pharoah's receivables at December 31, 2017?

An analysis and aging of Pharoah Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible Accounts receivable $183,680 1,793,800 Allowance for doubtful accounts (per books) 128,620 What is the net realizable value of Pharoah's receivables at December 31, 2017?

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...

See similar textbooks

Similar questions

What is the net realizable value?
Give the value
Please given answer the question
Financial Accounting: - An analysis and aging of Pharoah Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible Accounts receivable $183,680 1,793,800 Allowance for doubtful accounts (per books) 128,620 What is the net realizable value of Pharoah's receivables at December 31, 2017?
Can you solve this general accounting question?
An analysis and aging of Marigold Corp.’s accounts receivable at December 31, 2020, disclosed the following: Amounts estimated to be uncollectible $156,000 Accounts receivable 1,810,000 Allowance for doubtful accounts (per books) 140,000 What is the net realizable value of Marigold Corp.’s receivables at December 31, 2020? Net realizable val
An analysis and aging of Sarasota Corp.’s accounts receivable at December 31, 2020, disclosed the following: Amounts estimated to be uncollectible $151,000 Accounts receivable 1,830,000 Allowance for doubtful accounts (per books) 140,000 What is the net realizable value of Sarasota Corp.’s receivables at December 31, 2020? Net realizable value $Enter your answer in accordance to the question statement
An analysis and aging of Sarasota Corp.’s accounts receivable at December 31, 2020, disclosed the following: Amounts estimated to be uncollectible $151,000 Accounts receivable 1,830,000 Allowance for doubtful accounts (per books) 140,000 What is the net realizable value of Sarasota Corp.’s receivables at December 31, 2020? Net realizable value $Enter your answer in accordance to the question statem
Provide Answer
Need help with this Question
Need Help please let us
Clark Company estimated the net realizable value of its accounts receivable as of December 31, 2016, to be $165,000, based on an aging schedule of accounts receivable. Clark has also provided the following information: • The accounts receivable balance on December 31, 2016 was $175,000.• Uncollectible accounts receivable written off during 2016 totaled $12,000.• The allowance for doubtful accounts balance on January 1, 2016 was $15,000. How much is Clark's 2016 bad debt expense? Answer: is 7,000 how do you get this?