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The following account balances were extracted from the accounting records o Thomas Corporation at the end of the year: Accounts Recievable $1,105,000. Allowance for uncollectible
The following account balances were extracted from the accounting records o Thomas Corporation at the end of the year: Accounts Recievable $1,105,000. Allowance for uncollectible acccounts(credit) $37,000. Uncollectible-Account Expense $64,000
What is the net realizable value of the accounts recievable?
A. $1,142,000
B. $1,169,000
C. $1,105, 000
D. $1,068,000
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