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Find what is the net realizable value of accounts receivable

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Reference no: EM132957897

After the December? 31, 2025 adjusting journal entries have been? posted, Sinclair Enterprises has the following account balances? (all accounts have normal? balances):

Account Title                Account Balance

Accounts Receivable        $150,000
Allowance for Bad Debts     $4,900
Bad Debts Expense             $8,600

Problem 1: What is the net realizable value of Accounts Receivable as of December? 31, 2025?

a. 141,400
b. 145,100
c. 154,900
d. 136,500

Reference no: EM132957897

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