Determine the estimated net realizable (collectable)value:
Bad debts are estimated to be 1% of receivables
$\begin{array}{lr}
\text { Accounts receivable balance } & \$ 880,920 \
\text { Allowance for bad debts balance (debit) } & \$ 1,809 \
\text { Sales net value } & \$ 6,500,000
\end{array}$
$ ________

Question

Determine the estimated net realizable (collectable)value:
Bad debts are estimated to be 1% of receivables
 $\begin{array}{lr}
\text { Accounts receivable balance } & \$ 880,920 \
\text { Allowance for bad debts balance (debit) } & \$ 1,809 \
\text { Sales net value } & \$ 6,500,000
\end{array}$ 
$ ________

Quizplus · Accepted Answer

The Answer of Determine the estimated net realizable (collectable)value:
Bad debts are estimated to be 1% of receivables
 $\begin{array}{lr}
\text { Accounts receivable balance } & \$ 880,920 \
\text { Allowance for bad debts balance (debit) } & \$ 1,809 \
\text { Sales net value } & \$ 6,500,000
\end{array}$ 
$ ________

Determine the Estimated Net Realizable (Collectable)value: Bad Debts Are Estimated

Determine the Estimated Net Realizable (Collectable)value:
Bad Debts Are Estimated