4. At the end of its first year of operations, December 31, 2020, Wildhorse Inc. reported the...
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4.At the end of its first year of operations, December 31, 2020, Wildhorse Inc. reported the following information.
Accounts receivable, net of allowance for doubtful accounts$860,700Customer accounts written off as uncollectible during 202024,180Bad debt expense for 202076,910
What should be the balance in accounts receivable at December 31, 2020, before subtracting the allowance for doubtful accounts?
Accounts receivable, before deducting allowance for doubtful accounts
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