### Net realizable value of the accounts

Assignment Help Accounting Basics
##### Reference no: EM13122822

An analysis and aging of accounts receivable of the Lucille

Company at December 31, 2007, showed the following:

Accounts Receivable \$840,000

Allowance for Doubtful Accounts
Accounts estimated to be uncollectible 76,800

Compute the net realizable value of the accounts receivable of Lucille Company at December 31, 2007.

A. \$804,000 C. \$763,200

B. \$799,200 D. \$727,200

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