Refer to LaGrow Developers

question 58

Multiple Choice

Refer to LaGrow Developers.Assuming that LaGrow uses the installment sales method,in its December 31,2016 balance sheet,the company would report ________.

• A)$3,000,000 net installment account receivable
• B)$4,000,000 net installment account receivable
• C)$2,600,000 net installment account receivable
• D)$5,000,000 net installment account receivable

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