Multiple Choice
After aging the Accounts Receivable,it is estimated that $2,450 will not be collected and the allowance account has an existing debit balance of $300.If Accounts Receivable is $107,000,the net receivables would be:
A) $107,000.
B) $106,900.
C) $104,550.
D) $104,250.
Correct Answer:
Verified
Correct Answer:
Verified
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