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The following information is related to December 31, 2024 balances. Accounts receivable Allowance for doubtful accounts (credit) Cash realizable value O $18000. O $58000. O
The following information is related to December 31, 2024 balances. Accounts receivable Allowance for doubtful accounts (credit) Cash realizable value O $18000. O $58000. O $143000. $1450000 (105000) During 2025 sales on account were $376000 and collections on account were $215000. The company wrote off $20000 in uncollectible accounts. An analysis of outstanding receivable accounts at year-end indicated that uncollectibles should be estimated at $143000. Bad debt expense for 2025 is: $38000. 1345000
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