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
Correct Answer:
Verified
Correct Answer:
Verified
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