An analysis and aging of the accounts receivable of Raja Company at December 31 reveal these data:
Question:
An analysis and aging of the accounts receivable of Raja Company at December 31 reveal these data:
What is the cash realizable value of the accounts receivable at December 31, after adjustment?
a. \(\$ 685,000\).
b. \(\$ 750,000\).
c. \(\$ 800,000\).
d. \(\$ 735,000\).
Transcribed Image Text:
Accounts receivable Allowance for doubtful accounts per books before adjustment (credit) Amounts expected to become uncol- lectible $800,000 50,000 65,000
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9781119791089
10th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Jill E. Mitchell
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