Accounts Receivable Have a Face Value of $10,000 and Estimated

question 40

Short Answer

Accounts receivable have a face value of $10,000 and estimated net realizable value of $8,000 on December 31, 2010. At what amount would the accounts receivable be measured on the December 31, 2010 balance sheet?

---

Definitions:

Preliminary Parts

The initial sections or elements of a document or presentation, which may include the introduction, foreword, or executive summary.

Report

A detailed account or statement about a particular subject or situation.

Report Text

A structured document that presents information to inform or persuade the reader, based on findings, observations, or analysis.

Components

Individual parts or elements that combine to form a complete system or complex entity.