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An analysis and aging of Grouper Corp.s accounts receivable at December 31, 2017, disclosed the following: Amounts estimated to be uncollectible $160,700 Accounts receivable 1,793,000
An analysis and aging of Grouper Corp.s accounts receivable at December 31, 2017, disclosed the following:
| Amounts estimated to be uncollectible | $160,700 | |
| Accounts receivable | 1,793,000 | |
| Allowance for doubtful accounts (per books) | 126,500 |
What is the net realizable value of Grouper Corp.s receivables at December 31, 2017?
| Net realizable value: |
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Fundamentals Of Accounting And Financial Analysis
Authors: Anil Chowdhury
1st Edition
9788131702024, 9788131776070
