Sally deposited $250 a month in her savings account for 36 months. For the next 6 years she made no deposits. What is the future worth in Sally's savings account at the end of the 9 years, if the account earned 2% annual interest, compounded monthly ?

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)