Determine the net realizable value of accounts receivable, Accounting Basics

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Determine the net realizable value of accounts receivable

On January 1, 2014, Howe Company's Accounts Receivable balance was $11,300 and the balance in the Allowance for Doubtful Accounts was $565. On January 5, 2014, a $330 uncollectible account was written-off as uncollectible. Assuming that no other transactions related to accounts receivable had occurred, the net realizable value of accounts receivable immediately after the write-off was?

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Accounting Basics: Determine the net realizable value of accounts receivable

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On January 1, 2014, Howe Company's Accounts Receivable balance was $11,300 and the balance in the Allowance for Doubtful Accounts was $565.

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Accounting Basics: Determine the net realizable value of accounts receivable

Reference No:- TGS0693210

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Recent Questions Asked Accounting Basics

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Q : What would be the book value of the asset on january

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Ask an Expert for Answer!!

Accounting Basics: Determine the net realizable value of accounts receivable

Reference No:- TGS0693210

Recent Questions Asked Accounting Basics

Q : Compute net present value and internal rate of return

Q : What would be the book value of the asset on january

Q : Applying overhead in a service company leeds

Q : The entry for the forfeiture

Q : Determine the net realizable value of accounts receivable

Q : Genie performs service on account

Q : What is the minimum price baseball should charge

Q : Structure of the substrate in the reaction

Q : Examine particular application of thin film technology

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