All Star Auto Has an Accounts Receivable Balance After Posting

question 62

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: 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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Definitions:

Nurse Supervisor

A registered nurse who oversees the daily activities of nursing staff and ensures the quality of patient care in a healthcare setting.

Advance Directive

A legal document specifying an individual's healthcare preferences in the event they become incapable of making decisions due to illness or incapacitation.

Admission Process

The formal procedure through which an individual is accepted into an institution, such as a hospital or school, based on set criteria.

Nurse's Response

The actions or interventions undertaken by a nurse in reaction to various patient conditions, needs, or situations.