Based on the Aging of Its Accounts Receivable at December

question 25

Multiple Choice

Based on the aging of its accounts receivable at December 31, Pribob Company determined that the net realizable value of the receivables at that date is $760,000. Additional information is as follows:

Pribob's doubtful accounts expense for the year ended December 31 is

• A) $80,000.
• B) $96,000.
• C) $120,000.
• D) $160,000.

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