After Aging the Accounts Receivable, It Is Estimated That $1,200

question 57

Multiple Choice

After aging the accounts receivable, it is estimated that $1,200 will not be collected and the allowance account has an existing credit balance of $400. If the accounts receivable total $130,000, the net receivables would be

• A) $128,800.
• B) $129,600.
• C) $128,400.
• D) $128,000.

---

Definitions:

Otis-Lennon

A standardized test commonly used to assess verbal, quantitative, and spatial reasoning abilities in children.

WAIS-III

The Wechsler Adult Intelligence Scale, Third Edition, is a test designed to measure human intelligence through various cognitive tasks.

Intelligence Test

A standardized assessment designed to measure human intelligence, often through problem-solving, memory, and verbal reasoning tasks.

Relatively Consistent

Describes something that maintains a general uniformity or regularity, though there may be minor variations or exceptions.