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...

See similar textbooks

Similar questions

Millard Corporation's books disclosed the following information for the year ended December 31, 2020 Net credit sales Net cash sales Accounts Receivable at beginning of year Accounts Receivable at end of year Millard's accounts receivable turnover is 5.80 times O 5.00 times O 3.75 times 4.35 times P1,500,000 240,000 200,000 400,000
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
Provide Answer
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
Need help with this Question
2. An analysis and aging of Concord Corp. accounts receivable at December 31, 2025, disclosed the following. Amounts estimated to be uncollectible Accounts receivable Allowance for doubtful accounts (per books) $180,710 1,799,500 Net realizable value What is the net amount expected to be collected of Concord's receivables at December 31, 2025? 125,900 1673600
Need Help please let us
An analysis and aging of Eagle Corporation accounts receivable at December 31, 2021 , disclosed the following Amount estimated to be uncollectible P 1,800,000 Accounts receivable 17,500,000 Allowance for doubtful accounts (per books) 1,250,000 What is the net realizable value of Eagle Corporation’s receivables at December 31, 2021? A. P 14,450,000 B. P 16,250,000 C. P 15,700,000 D. P 17,500,000
PT ABC's accounts receivable as of December 31, 2015 and allowance for doubtful accounts of Rp 250,000,000 and Rp 8,500,000. Based on the aging list of accounts receivables as of December 31, 2015, it indicates that a total of Rp 17,500,000 was uncollectible. The net realizable value of accounts receivables is:a. Rp 241,500,000b. Rp 250,000,000c. Rp 232,500,000d. Rp 224,000,000e. All wrong
2. An analysis and aging of Concord Corp. accounts receivable at December 31, 2025, disclosed the following. Amounts estimated to be uncollectible Accounts receivable Allowance for doubtful accounts (per books) PAR MEMBER Net realizable value $ $180,710 What is the net amount expected to be collected of Concord's receivables at December 31, 2025? Credit sales during 2025 Bad debt expense Allowance for doubtful accounts 1/1/25 1,799,500 O Search 125,900 3. Marigold Co. provides for doubtful accounts based on 3% of gross accounts receivable. The following data are av a FF $3,343,800 57,040 16,760
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?