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Compute the net realizable value of accounts receivable

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Question - During the year, Rose Company recovered $1,500 of receivables previously written off. They also made an entry to write off a $5,900 uncollectible account. At year end, Rose recorded the year end bad debt expense adjustment of $4,000. Before these entries were made, the balance in accounts receivable was $64,000 and the balance in the allowance for doubtful accounts was $9,300. Compute the net realizable value of accounts receivable after the write-off, recovery and bad debt expense entries?

Reference no: EM132498343

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