Question: Problem #8: AFDA and Net Realizable Value Accounts Receivable has a balance of $47,400. AFDA has a credit balance of $500. Uncollectibles are estimated to

Problem #8: AFDA and Net Realizable Value Accounts Receivable has a balance of $47,400. AFDA has a credit balance of $500. Uncollectibles are estimated to be 6% of Accounts Receivable. Record the Bad Debt Expense JE and what is the Net Realizable Value of AR.

Account

Debit

Credit

Net realizable value of AR______________________

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