Posted by Sparkle100100 3 years ago In:

Sparkle100100
Sparkle100100 Asked:

An analysis & aging accounts receivable of the ...

An analysis & aging accounts receivable of the Lucille Company at Dec 31, 2008:

Accounts Receivable-------840,000

Allowance for doubtful accounts

(Before adjustment)-------------------------36,000

Accounts estimated to be uncollectibele------76,800

Compute the net realizable value of the accounts receivable of Lucille Company at Dec 31, 2008.

Please how do i compute this, what is the formula.

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