Jones Co, which had no beginning balance in its accounts receivable account, earned 5150,000 of revenue on account during Yeard. During Year 1 jones collected 511 The amount of net realizable value for accounts receivables should appear on Jones December 31. Year 1 balance sheet? $41500 5 1.500 539,600 $38,500 anDuring Year Jones collected $110,000 of cash from its receivables accounts. The company estimates that it will be unable to collect 1 of its credit sales