Question: please answer this question Page 2 ACCOUNTNG2101/6101-TESTING YOURKNOWLEDGE CHAPTER Z 3) The James Corporation prepares an aging of its accounts receivable at year-end and Assume

please answer this question please answer this question Page 2 ACCOUNTNG2101/6101-TESTING YOURKNOWLEDGE CHAPTER Z 3)

Page 2 ACCOUNTNG2101/6101-TESTING YOURKNOWLEDGE CHAPTER Z 3) The James Corporation prepares an aging of its accounts receivable at year-end and Assume relevant accounts have normal balances.] reports the following: Accounts receivable balance, 12/31 Allowance for uncollectible accounts (12/31, unadjusted balance) As per aging analysis, estimate of accounts expected 2,870,000 132,000 to be uncollectible 210,000 REQUIRED: (a) What amount should be reported as the net realizable value of accounts receivable on the year-end balance sheet? (b) Prepare the appropriate year-end adjusting entry for the bad debt expense. 13 2,000 | 19,00 CONTNUETOPAGE3FOR QUESTION#4

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