True inc has written off a 4000 account as non-collectable

Assignment Help Accounting Basics

Reference no: EM13596270

True, Inc. has written off a $4,000 account as non-collectable. The balance in the accounts receivable was $542,000 and the balance in the allowance for doubtful accounts was $16,000 prior to the write off. What is the net realizable value of accounts receivable after the receivable was written off?

Reference no: EM13596270

Questions Cloud

Benzene c6h6 burns in air to produce carbon dioxide and : benzene c6h6 burns in air to produce carbon dioxide and liquid water. calculate the heat released in kilojoules per

What is the proper adjusting entry at december 31 the end : what is the proper adjusting entry at december 31 the end of the fiscal year based on supplies account balance before

Assume that only 250 persons attended the extravaganza last : chi omega sorority is planning its annual riverboat extravaganza. the extravaganza committee has assembled the

Your data of the density of sodium chloride solutions : your data of the density of sodium chloride solutions should have produced a straight line when plotted. how could this

True inc has written off a 4000 account as non-collectable : true inc. has written off a 4000 account as non-collectable. the balance in the accounts receivable was 542000 and the

At the surface of the ocean the water pressure is the same : at the surface of the ocean the water pressure is the same as the air pressure above the water 15 lbin2. below the

Ammonium nitrate decomposes explosively upon heating to : ammonium nitrate decomposes explosively upon heating to form nirtogen gas oxygen gas and sterm. assume ideal behavior

On december 31 2007 parks co leased a machine from colt for : on december 31 2007 parks co. leased a machine from colt for a five-year period. equal annual payments under the lease

Consider the reaction of ch33co- with iodomethane or : consider the reaction of ch33co- with iodomethane or 1-chlorobutane. will the reaction rate increase decrease or remain

Reviews

Write a Review

Required(*) Message

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

User Account

All Pages