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

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Determine the estimated realizable (collectable)value:
Bad debts are estimated to be 3% of net sales.
 Accounts receivable balance $95,000 Allowance for bad debts balance (crebit) $675 Net Sales $800,000\begin{array}{llcc} \text { Accounts receivable balance } &\$95,000 \\ \text { Allowance for bad debts balance (crebit) } &\$675\\ \text { Net Sales } &\$800,000\\\end{array}

$ ________

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