Question: Given the below data, what is the net realizable value of the receivables at the end of the year? Revenues: $10,000 Accounts receivable ending balance:

Given the below data, what is the net realizable value of the receivables at the end of the year?

Revenues: $10,000

Accounts receivable ending balance: $8,000

Allowance for bad debt beginning balance: -$1,000

Bad debt expense: 8% of revenues

Write offs of receivables: $200

Question 13Select one:

a.

$4,900

b.

$6,600

c.

$9,200

d.

$6,400

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