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?

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 realizable value?

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?
Transcribed Image Text: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?
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