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

question 118

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 $20,000.What is the balance of Accounts Receivable?

• A) $157,000
• B) $152,000
• C) $172,000
• D) $132,000

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Definitions:

Interventions

Strategies or actions taken by healthcare professionals to modify a condition, problem, or behavior.

Third Party Payer

A third-party payer refers to an entity (usually an insurance company) that pays medical expenses on behalf of the insured individual.

Treatment Plan

A treatment plan is a detailed proposal for therapy, outlining the goals, strategies, and timeline for treatment tailored to the needs of the individual.

Diversity Issues

Refers to the complexities and challenges related to the variety of different identities, backgrounds, cultures, and experiences in a group or society, and the efforts to address inequality and inclusion.