Question: i need correct solution for general accounting question A company's Accounts Receivable balance at Dec. 31 was $120,000, and there was a debit balance of

i need correct solution for general accounting question

A company's Accounts Receivable balance at Dec. 31 was $120,000, and there was a debit balance of $400 in the Allowance for Doubtful Accounts. The firm estimates that 4% of the A/R will prove to be uncollectible. After the appropriate adjusting entry is made for estimated credit losses, what is the net realizable value of the accounts receivables at year-end

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