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The Following Item Appeared on a Balance Sheet: Receivables, Less

Question 45

Multiple Choice

The following item appeared on a balance sheet: Receivables, less allowance of $100,855 …..$1,432,602
The gross balance in Accounts Receivable before the allowance was deducted was:


A) $1,331,747.
B) $1,432,602.
C) $1,533,457.
D) cannot be determined from the facts.

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