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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
A company reports net accounts receivable of $152,000 on its December 31, 2017 balance sheet. The Allowance for Bad Debts has a credit balance of $16,000. What is the balance of Accounts Receivable?
A) $136,000
B) $157,000
C) $152,000
D) $168,000
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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Posts: 2227
7 years ago
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H3Ko Author
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7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
wrote...
7 years ago
I'm liking this Slight Smile
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