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What is the net realizable value of accounts receivable

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Question 1: The year-end balance in accounts receivable is $300,000, the Allowance for Uncollectible Accounts had a beginning of year balance of $2,500 credit, accounts written off during the year were $2,200. An aging of receivables determined that $6,300 of receivables will be uncollectible. What is the net realizable value of accounts receivable at year end?

Option 1: $294,000
Option 2: $298,400
Option 3: $293,700
Option 4: $293,400

Reference no: EM132933206

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