an analysis and aging of the accounts receivable of raja company at december 31 reve 533980
An analysis and aging of the accounts receivable of Raja Company at December 31 reveal these data:
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$800,000 |
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Allowance for doubtful |
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accounts per books before |
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adjustment (credit) |
50000 |
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Amounts expected to become |
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uncollectible |
65000 |
What is the cash realizable value of the accounts receivable at December 31, after adjustment?
(a) $685,000.
(b) $750,000.
(c) $800,000.
(d) $735,000.
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