Homework Answers
1) Uncollectible account expense = 809270*1.75% = $14162
2) Net realizable value
Ending account receivable = 124880+809270-840735-2590 = 90825
Ending allowance for doubtful accounts = 3030+14162-2590 = 14602
Net realizable value = 90825-14602 = 76223
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