An analysis and aging of Skysong Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible Accounts receivable $183,870 1,771,200 Allowance for doubtful accounts (per books) 127,350 What is the net realizable value of Skysong's receivables at December 31, 2017?
An analysis and aging of Skysong Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible Accounts receivable $183,870 1,771,200 Allowance for doubtful accounts (per books) 127,350 What is the net realizable value of Skysong'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...
Related questions
Question
100%
Can you solve this general accounting question?
![An analysis and aging of Skysong Corp. accounts receivable at
December 31, 2017, disclosed the following.
Amounts estimated to be uncollectible
Accounts receivable
$183,870
1,771,200
Allowance for doubtful accounts (per books) 127,350
What is the net realizable value of Skysong's receivables at
December 31, 2017?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F67ea7cf2-aa97-4148-9b01-860638726d00%2F34c2d0ac-9052-4422-9a71-2af3a9eb0291%2F6ndaz1c_processed.jpeg&w=3840&q=75)
Transcribed Image Text:An analysis and aging of Skysong Corp. accounts receivable at
December 31, 2017, disclosed the following.
Amounts estimated to be uncollectible
Accounts receivable
$183,870
1,771,200
Allowance for doubtful accounts (per books) 127,350
What is the net realizable value of Skysong's receivables at
December 31, 2017?
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Intermediate Accounting: Reporting And Analysis](https://www.bartleby.com/isbn_cover_images/9781337788281/9781337788281_smallCoverImage.jpg)
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
![Intermediate Accounting: Reporting And Analysis](https://www.bartleby.com/isbn_cover_images/9781337788281/9781337788281_smallCoverImage.jpg)
Intermediate Accounting: Reporting And Analysis
Accounting
ISBN:
9781337788281
Author:
James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:
Cengage Learning
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College