Prior to adjustments, Willett Company's account balances at December 31, 2018, for Accounts Receivable and the related
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Question:
Prior to adjustments, Willett Company's account balances at December 31, 2018, for Accounts Receivable and the related Allowance for Uncollectible Accounts were $2,700,000 and $120,000, respectively. An aging of accounts receivable indicated that $207,000 of the December 31, 2018, receivables may be uncollectible. The net realizable value of accounts receivable at December 31, 2018, was ________.
$2,700,000
$2,580,000
$2,493,000
$2,373,000
Posted Date: