Hello! I have attempted this problems and believe that I have done them correctly but now I am doubting myself. Can anyone help? On the December 31, 2010 balance sheet of Vanoy Co., the current receivables consisted of the following: Trade accounts receivable $ 75,000 Allowance for uncollectible accounts (2,000) Claim against shipper for goods lost in transit (November 2010) 3,000 Selling price of unsold goods sent by Vanoy on consignment at 130% of cost (not included in Vanoy 's ending inventory) 26,000 Security deposit on lease of warehouse used for storing some inventories 30,000 Total $132,000 At December 31, 2010, the correct total of Vanoy's current net receivables was a. $76,000. b. $102,000. c. $106,000. d. $132,000. My answer is C 10. Ace Co. prepared an aging of its accounts receivable at December 31, 2010 and determined that the net realizable value of the receivables was $300,000. Additional information is available as follows: Allowance for uncollectible accounts at 1/1/10credit balance $ 34,000 Accounts written off as uncollectible during 2010 23,000 Accounts receivable at 12/31/10 325,000 Uncollectible accounts recovered during 2010 5,000 For the year ended December 31, 2010, Ace's uncollectible accounts expense would be a. $25,000. b. $23,000. c. $16,000. d. $9,000. My answer is B