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Legacy Company Uses the Aging of Accounts Receivable Method

Question 15

Multiple Choice

Legacy Company uses the aging of accounts receivable method.The company performed an aging of accounts receivable on December 31 and gathered the following information: Legacy Company uses the aging of accounts receivable method.The company performed an aging of accounts receivable on December 31 and gathered the following information: What is the amount of Accounts Receivable,Net that will be reported on the balance sheet at December 31? A) $404,000 B) $396,800 C) $373,600 D) $412,800 What is the amount of Accounts Receivable,Net that will be reported on the balance sheet at December 31?


A) $404,000
B) $396,800
C) $373,600
D) $412,800

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