An analysis and aging of Sean Inc. accounts receivable at December 31, 2022, disclosed the following: Amounts estimated to be uncollectible Accounts receivable $210,450 $1,950,300 Allowance for doubtful accounts (per books) $145,600 What is the net realizable value of Sean Inc.'s receivables at December 31, 2022?

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...
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What is the net realisable value of receivables?

An analysis and aging of Sean Inc. accounts receivable at
December 31, 2022, disclosed the following:
Amounts estimated to be uncollectible
Accounts receivable
$210,450
$1,950,300
Allowance for doubtful accounts (per books) $145,600
What is the net realizable value of Sean Inc.'s receivables at
December 31, 2022?
Transcribed Image Text:An analysis and aging of Sean Inc. accounts receivable at December 31, 2022, disclosed the following: Amounts estimated to be uncollectible Accounts receivable $210,450 $1,950,300 Allowance for doubtful accounts (per books) $145,600 What is the net realizable value of Sean Inc.'s receivables at December 31, 2022?
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