Question: Assuming the aging-of-receivables method is used, the net realizable value of accounts receivable on the December 31, 2013, balance sheet would be (5 Points) Use
Assuming the aging-of-receivables method is used, the net realizable value of accounts receivable on the December 31, 2013, balance sheet would be (5 Points) Use the following information to answer Questions 9 through 13. Neal Company had the following information relating to credit sales in 2013: $ 9,500 Accounts receivable December 31, 2013...... Allowance for uncollectible accounts December 31, 2013 (before adjustment) .............. Credit sales during 2013 Cash sales during 2013 Collections from customers on account during 2013.. 900 +6,000 15,000 49,500 a) $8,580 b) $8,150 c) $8,600 d) $9,500 FR A Assuming the aging-of-receivables method is used, the net realizable value of accounts receivable on the December 31, 2013, balance sheet would be (5 Points) Use the following information to answer Questions 9 through 13. Neal Company had the following information relating to credit sales in 2013: $ 9,500 Accounts receivable December 31, 2013...... Allowance for uncollectible accounts December 31, 2013 (before adjustment) .............. Credit sales during 2013 Cash sales during 2013 Collections from customers on account during 2013.. 900 +6,000 15,000 49,500 a) $8,580 b) $8,150 c) $8,600 d) $9,500 FR A
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