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What the net realizable valuable of receivables on dec

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At the beginning of 2017, Ez tech company accounts receivable balance was 199,000 and the balance in allowance for doubtful accounts was 3,400. EZ tech sales in 2017 were 1,490,000, 90% of which were on credit. Collections on account during the year were 960,000. The company wrote off 6,000 of uncollectable accounts during the year.

Problem 1: using the percentage sales approach , the net realizable valuable of receivables on Dec 31,2017?

Problem 2: Using the percentage of year end receivables approach on Dec 31, 2017?

Reference no: EM132808425

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