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Question 4 Solution Q4) Q2) Note : Cash Realisable Value = Account Recievable Value - Allowances for Doubtful Debt After write off both has decreased so there is no effect in Cash Realisable ValueNoDateAccount Titles & ExplainationDebitCredit1May 1, 2013Notes Recievable5700Accounts Recievable57002Dec 31, 2013Interest on Notes Recievable266Interest Revenue2663May 1, 2014Cash6099Interest on Notes Recievable266Interest Revenue133Notes Recievable5700.

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Question 4 Solution Q4) Q2) Note : Cash Realisable Value = Account Recievable Value - Allowances for Doubtful Debt After write off both has decreased so there is no effect in Cash Realisable ValueNoDateAccount Titles & ExplainationDebitCredit1May 1, 2013Notes Recievable5700Accounts Recievable57002Dec 31, 2013Interest on Notes Recievable266Interest Revenue2663May 1, 2014Cash6099Interest on Notes Recievable266Interest Revenue133Notes Recievable5700

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