Snow productions, inc. reports a balance of $28,000 in accounts receivable and $3,450 in the allowance for uncollectible accounts. what is the net realizable value of the receivables?

On a company's balance sheet, accounts receivable is naturally stated as "accounts receivable, net." Meaning, accounts receivable minus the value of the allowance for doubtful or uncollectible accounts is equals to net realizable value. So for the problem, $28,000 - $3450 = $24,550 is the NRV.