Libes companys accounts receivable account has a balance of

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Libes Company's Accounts Receivable account has a balance of $322,000 and the Allowance for Doubtful Accounts has a debit balance of $850 at fiscal year-end prior to adjustment. If the estimate based on the percentage of sales approach to estimating uncollectibles is $19,900, the net realizable value of accounts receivable reported on the balance sheet after adjustment is?

Reference no: EM13595317

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