Sports Shop Reports Net Accounts Receivables on Its December 31

question 55

Multiple Choice

Sports Shop reports net accounts receivables on its December 31, 2019, balance sheet at $105,460. The allowance for doubtful accounts has a normal balance of $3,200 after adjustment. What is the ending balance in the accounts receivable account?

• A)$102,260
• B)$105,460
• C)$108,660
• D)$99,060

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Definitions:

Approach-Approach Conflict

A decision-making dilemma involving two positive options, where choosing one desirable alternative means losing another equally desirable one.

Approach-Approach Conflict

A psychological dilemma that occurs when an individual must choose between two desirable outcomes.

Avoidance-Avoidance Conflict

A psychological conflict that occurs when a person has to choose between two undesirable alternatives.

Double Approach-Avoidance Conflict

A psychological conflict that involves a decision between two goals, each with both appealing and negative aspects.