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xxMikexx [17]
3 years ago
9

Before year-end adjusting entries, Dunn Company's account balances at December 31, 2010, for accounts receivable and the related

allowance for uncollectible accounts were $600,000 and $45,000, respectively. An aging of accounts receivable indicated that $62,500 of the December 31 receivables are expected to be uncollectible. The net realizable value of accounts receivable after adjustment is
Business
1 answer:
IgorC [24]3 years ago
5 0

Answer: $537500

Explanation:

The net realizable value of accounts receivable after adjustment will be the difference between the account receivable at December 31st and the expected uncollectible. This will be:

= $600,000 - $62,500

= $537500

Therefore, the answer is $537500

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