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Travel Vibes, Inc. had net sales (all on account) in 2022 of $600,000. At December 31, 2022, before adjusting entries, the balances in selected
Travel Vibes, Inc. had net sales (all on account) in 2022 of $600,000. At December 31, 2022, before adjusting entries, the balances in selected accounts were: accounts receivable $900,000 debit, and allowance for doubtful accounts $1,500 debit. Travel Vibes, Inc. estimates that 3% of its gross accounts receivable will prove to be uncollectible. What is the net realizable value of the receivables reported on the financial statements at December 31, 2022? a. $582,000 b. $882,000 c. $876,000 d. $873,000 thucos gniwallet er betalten consistent a'quo won nexo18 (Jan) sidsv
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