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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