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Assume the beginning balance on January 1, 2022 in the Allowance for Doubtful Accounts is $15,000. If the company estimates its bad debt as 2.5%

Assume the beginning balance on January 1, 2022 in the Allowance for Doubtful Accounts is $15,000. If the company estimates its bad debt as 2.5% of credit sales determine Net Realizable Value of Accounts Receivable on December 31, 2022

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