Calculate the net realizable value of accounts receivable

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Reference no: EM13906799

On June 18, 2006, Jantz Company had accounts receivable of $600,000 and an allowance for bad debts with a $22,000 credit balance. On June 19, Jantz recorded the following transaction: ? wrote-off as uncollectible a $4,000 account receivable from a customer Calculate Jantz Company's net realizable value of accounts receivable after the above transaction has been recorded. Do not use decimals in your answer.

Reference no: EM13906799

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Calculate the net realizable value of accounts receivable : On June 18, 2006, Jantz Company had accounts receivable of $600,000 and an allowance for bad debts with a $22,000 credit balance. On June 19, Jantz recorded the following transaction: ? wrote-off as uncollectible a $4,000 account receivable from a cu..

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