A Company Reports Net Accounts Receivable of $154,000 on Its

question 5

Multiple Choice

A company reports net accounts receivable of $154,000 on its December 31,2017 balance sheet.The Allowance for Bad Debts has a credit balance of $17,000.What is the balance of Accounts Receivable?

• A)$159,000
• B)$154,000
• C)$171,000
• D)$137,000

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