An Analysis and Aging of Accounts Receivable of the Gibson

question 68

Multiple Choice

An analysis and aging of accounts receivable of the Gibson Company at December 31,2014,showed the following: Compute the net realizable value of the accounts receivable of Gibson Company at December 31,2014.

• A) $804,000
• B) $799,200
• C) $723,200
• D) $727,200