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Compute the net realizable value of accounts receivable

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Question - Company uses the allowance method to account for uncollectible receivables. At the beginning of the? year, Allowance for Bad Debts had a credit balance of $1200 During the year Blimp wrote off uncollectible receivables of $2300 Blimp recorded Bad Debts Expense of $3500. Blimp's ?year-end balance in Allowance for Bad Debts is $2400. Blimp's ending balance of Accounts Receivable is $21000. Compute the net realizable value of Accounts Receivable at? year-end.

Reference no: EM133095520

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