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Compute for the net realizable value of accounts receivable

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Easy company has the following information for accounts receivable Beg balance 1,300,000 Sales (25% cash sales) 5,400,000 Cash received from customers 4,250,000 Worthless accounts 100,000 Doubtful accounts 5% of outstanding accounts

Problem 1: Compute for the net realizable value of accounts receivable.

Option 1: 2,232,500

Option 2: 1,000,000

Option 3: 2,350,000

Option 4: 950,000

Reference no: EM132757782

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