need ASAP will give thumbs up D Question 2 1...
50.1K
Verified Solution
Link Copied!
Question
Accounting
need ASAP will give thumbs up 
D Question 2 1 pts At January 1, 2023, Williams Sonoma Company reported accounts receivable of $197,000 and had an allowance for doubtful accounts with a $42,800 credit balance. Williams Sonoma Co. records bad debt expense using the net credit sales method and estimates that 3% of its credit sales each year will prove uncollectible. During 2023, Williams Sonoma reported the following information: Bad debt expense $11,580 Write offs ? Recoveries $7,420 Credit Sales ? Cash Collections from Customers $409,000 At December 31st 2023 Williams Sonoma accounts receivable totaled $160,390. Calculate the Net Realizable Value of Williams Sonoma Accounts Receivable at December 31, 2023. 116,491.7
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.