Company Has The Following Balances On December 31, 2019: Accounts Receivable = $75,000; Service Revenue = $40,000; Allowance For Uncollectible Accounts = $5,000; Bad Debt Expense = $20,000; Sales Discounts = $4,000. Calculate The Net Realizable Value Of Accounts Receivable
Company has the following balances on December 31, 2019: Accounts receivable = $75,000; service revenue = $40,000; allowance for uncollectible accounts = $5,000; bad debt expense = $20,000; sales discounts = $4,000. Calculate the net realizable value of accounts receivable