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An analysis and aging of the accounts receivable of Carla Vista Marine Service Company at December 31 reveal these data: Accounts receivable 12/31/X1 $3,290,000
An analysis and aging of the accounts receivable of Carla Vista Marine Service Company at December 31 reveal these data: Accounts receivable 12/31/X1 $3,290,000 Bad Debt Expense for Year X1 69,000 Allowance for doubtful accounts ENDING BALANCE. 12/31/X1. Credit Balance 459,000 What is the cash realizable value of the accounts receivable at December 31 after adjustment?
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
