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2. An analysis and aging of Martinez Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible $ 184,190 Accounts

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2. An analysis and aging of Martinez Corp. accounts receivable at December 31, 2017, disclosed the following. Amounts estimated to be uncollectible $ 184,190 Accounts receivable 1,753,500 Allowance for doubtful accounts (per books) 125,370 What is the net realizable value of Martinez's receivables at December 31, 2017? The net realizable value 1628130 4. At the end of its first year of operations, December 31, 2017, Teal Inc. reported the following information. Accounts receivable, net of allowance for doubtful accounts $940,500 Customer accounts written off as uncollectible during 2017 24,100 Bad debt expense for 2017 85,250 What should be the balance in accounts receivable at December 31, 2017, before subtracting the allowance for doubtful accounts? Accounts receivable, before deducting allowance for doubtful accounts 879350 The Town

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