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Becky had net sales (all on account) in 2014 of $600,000. at december 31, 2013, before adjusting entries, the balances in selected accounts were: accounts receivable $750,000 debit, and allowance for
Becky had net sales (all on account) in 2014 of $600,000. at december 31, 2013, before adjusting entries, the balances in selected accounts were: accounts receivable $750,000 debit, and allowance for doubtful accounts $1,500 debit. becky estimates that 3% of its net sales will prove to be uncollectible. what is the net realizable value of the receivables reported on the financial statements at december 31, 2014? $ 133,500 $ 730,500 $ 732,000 $ 733,500