A Company Reports Net Accounts Receivable of $152,000 on Its

question 50

Multiple Choice

A company reports net accounts receivable of $152,000 on its December 31, 2019 balance sheet. The Allowance for Bad Debts has a credit balance of $19,000. What is the balance of Accounts Receivable?

• A) $157,000
• B) $152,000
• C) $171,000
• D) $133,000

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Definitions:

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, specifically relating to word order and sentence organization.

Nativists

believe that much knowledge, particularly in the area of language acquisition, is inherent and genetically programmed into humans.

Grammatical Skills

The ability to use correct grammar structures in writing and speaking.

Fluency

The ability to express oneself easily and articulately, often referring to smoothness in language use.