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What is the cash realizable value of the accounts receivable

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Reference no: EM132735693

An analysis and aging of the accounts receivable of Skysong, Inc. at December 31 reveal these data:

Accounts receivable $3140000

Allowance for doubtful accounts per books before adjustment (credit) 240000

Amounts expected to become uncollectible 294000

Problem 1: What is the cash realizable value of the accounts receivable at December 31 after adjustment?

A. $2606000

B. $2900000

C. $3140000

D. $2846000

 

Reference no: EM132735693

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