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Compute the correct total of Oriole current net receivables

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Question - On the December 31, 2017 balance sheet of Oriole Company, the current receivables consisted of the following:

Trade accounts receivable $64500

Allowance for uncollectible accounts (2200)

Claim against shipper for goods lost in transit (November 2017) 2900

Selling price of unsold goods sent by Oriole on consignment at 130% of cost (not included in Oriole's ending inventory) 24000

Security deposit on lease of warehouse used for storing some inventories 31000

Total $120200

At December 31, 2017, the correct total of Oriole's current net receivables was?

Reference no: EM132276445

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