(Solution) - JD Industries wrote off the following accounts receivable as uncollectible -(2025 Original AI-Free Solution)
Paper Details
JD Industries wrote off the following accounts receivable as uncollectible for the year ended December 31, 2015:
Customer Amount
Eva French .......... $ 1,500
Lance Landau ......... 11,200
Marcie Moffet ......... 3,800
Jose Rennie .......... 3,500
Total ............$20,000
The company prepared the following aging schedule for its accounts receivable on December 31, 2015:
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b. Determine the net realizable value of accounts receivable as at December 31, 2015.