A company's accounts receivable balance after posting net collections from customers is $150,000.Management has determined there are the following uncollected accounts,including the corresponding aging of accounts receivable and uncollected percentages: $100,000 that are 1 to 30 days past due at 2%,and $50,000 that are 31 to 60 days past due at 10%.What is the net realizable value of the accounts receivable?

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The net realizable value of the accounts receivable is $143,000. This is calculated by taking the accounts receivable balance of $150,000 and subtracting the estimated uncollectible amount of $7,000. The estimated uncollectible amount is calculated by multiplying the amount of accounts receivable in each aging category by the corresponding uncollected percentage. In this case, the estimated uncollectible amount is $100,000 x 2% + $50,000 x 10% = $7,000.

A Company's Accounts Receivable Balance After Posting Net Collections from Customers