An analysis and aging of the accounts receivable of Blue Jay Company at December 31 reveal...
An analysis and aging of the accounts receivable of Blue Jay
Company at December 31 reveal the following data:
| Accounts receivable | $800,000 |
| Allowance for doubtful accounts balance before adjustment (credit) | 15,000 |
| Amounts expected to become uncollectible | 77,000 |
How much is the cash (net) realizable value of the accounts
receivable at December 31, after adjustment?
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An analysis and aging of the accounts receivable of Blue Jay
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