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What the net realizable value of accounts receivable

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Reference no: EM132881996

Problem - Prior to adjustments, Barrett Company's account balances at December 31, 2019, for Accounts Receivable and the related Allowance for Doubt-ful Accounts were $1,200,000 and $60,000, respectively. An aging of accounts receivable indicated that $106,000 of the December 31, 2019, receivables may be uncollectible. What the net realizable value of accounts receivable at December 31, 2019?

Reference no: EM132881996

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