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Compute the net realizable value of accounts receivable

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Question - Before year-end adjusting entries, Waterway Industries's account balances at December 31, 2017, for accounts receivable and the related allowance for uncollectible accounts were $1510000 and $91400, respectively. An aging of accounts receivable indicated that $128000 of the December 31 receivables are expected to be uncollectible. Compute the net realizable value of accounts receivable after adjustment?

A. $1290600.

B. $1418600.

C. $1473400.

D. $1382000.

Reference no: EM132559891

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