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All Star Auto Has an Accounts Receivable Balance After Posting

Question 67

Multiple Choice

All Star Auto has an accounts receivable balance after posting net collections from customers for 2013 of $180,000. The customers took advantage of sales discounts of $15,000. Management aged the accounts receivable and estimate for uncollected account percentages as follows: All Star Auto has an accounts receivable balance after posting net collections from customers for 2013 of $180,000. The customers took advantage of sales discounts of $15,000. Management aged the accounts receivable and estimate for uncollected account percentages as follows:   The net realizable value of the accounts receivable is A) $173,200 B) $170,200 C) $172,700 D) $180,000 The net realizable value of the accounts receivable is


A) $173,200
B) $170,200
C) $172,700
D) $180,000

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