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Question 42 2 pts The following information is related to December 31, 2023 balances Accounts Receivable 51.400.000 Allowance for Doubtful Accounts for 1120,000 Cash realizable

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Question 42 2 pts The following information is related to December 31, 2023 balances Accounts Receivable 51.400.000 Allowance for Doubtful Accounts for 1120,000 Cash realizable value 1.280,000 During 2024, sales on account were $390.000 and collections on account were $230,000. The company wrote of $22.000 in uncollectible accounts. An analysis of outstanding receivable accounts at year end indicated that bad debts should be estimated at $144,000. Bad debt expense for 2024 s 52.000 5144,000 000 1.000 1 7 2 4 5 W IT R H F G S D A N C v B N alt

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