Benxa company was found to have difficulty paying debts or so-called (to fail/fa and unsecured invoices would be paid $50 for every $2,000. Brown Company ha receivable from Benxa company of $50,000. Benxa Company's notes payable to company are secured by inventories estimated at $18,000. How much is Brown ह की

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Benxa company was found to have difficulty payıng debts or so-called (to fail/failite),
and unsecured invoices would be paid $50 for every $2,000. Brown Company has notes
receivable from Benxa company of $50,000. Benxa Company's notes payable to Brown
company are secured by inventories estimated at $18,000 How much is Brown
Company's realızable receivables?
Transcribed Image Text:Benxa company was found to have difficulty payıng debts or so-called (to fail/failite), and unsecured invoices would be paid $50 for every $2,000. Brown Company has notes receivable from Benxa company of $50,000. Benxa Company's notes payable to Brown company are secured by inventories estimated at $18,000 How much is Brown Company's realızable receivables?
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