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

Question 60

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

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