Before year-end adjusting entries stanton companys account, Accounting Basics

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Before year-end adjusting entries stanton companys account

Question: Before year-end adjusting entries, Stanton Company's account balances at December 31, 2018, for accounts receivable and the related allowance for uncollectible accounts were $235,000 and $11,000, respectively. An aging of accounts receivable indicated that $32, 500 of the December 31 receivables are expected to be uncollectible. What is the net realizable value of accounts receivable after adjustment is made?

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Accounting Basics: Before year-end adjusting entries stanton companys account

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