Becky had net sales (all on account) in 2017 of $800,000. As of December 31, 2016, before the adjusting entries, the balances in the selected accounts were: 

accounts receivable debit $1,000,000

provision for doubtful accounts debit $2,000. 

Becky estimates that 3% of her accounts receivable will be uncollectible. 

What is the net realizable value of the accounts receivable reported in the financial statements as of December 31, 2017?

Answer rating: 100% (QA)

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