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Find net realizable value of the accounts receivable

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Reference no: EM132607606

J. B. Bucks owns a department store that has a $43,800 balance in Accounts Receivable and a $3,000 credit balance in Allowance for Doubtful Accounts.

Question 1. Determine the net realizable value of the accounts receivable.

Question 2. Assume that an account receivable in the amount of $460 was written off using the allowance method. Determine the net realizable value of the accounts receivable after the write-off.

Reference no: EM132607606

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