Question: https 2Fregistrati m | xam #3 Help Save& Exit Sub Hancock Medical Supply Co, earned $86,000 of revenue on account during Year 1, its first

 https 2Fregistrati m | xam #3 Help Save& Exit Sub Hancock

https 2Fregistrati m | xam #3 Help Save& Exit Sub Hancock Medical Supply Co, earned $86,000 of revenue on account during Year 1, its first year of operation. During Year 1, Hancock collected $68,200 of cash from ts receivables accounts. The company did not write-off any uncollectible accounts. It estimates that it will unable to collect 1% of revenue on account what is the net realizable value of receivables that will be reported on the balance sheet at 31, Year 1? :40 $17,118 $16,940 $17.800 Prev 30t 22 ll Next >

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