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What is the company net realizable value

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12/31/2019 At the end of the first year of operations, Yolanda Co. had $900,000 in sales and accounts receivable of $350,000. XYZ management estimated that 1.5% of sales will be uncollectible. Journalize the adjusting entry at year end.

Bad Debt Expense: 13,500

Allowance for Doubtful Accounts: 13,500

Question 1: For the end of 2019, what is the company's net realizable value?

Reference no: EM132573429

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