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Alex Company uses the aging method to adjust the allowance for uncollectible accounts at the end of the period. At December 31, 2017, the balance

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Alex Company uses the aging method to adjust the allowance for uncollectible accounts at the end of the period. At December 31, 2017, the balance of accounts receivable is $245,000 and the allowance for uncollectible accounts has a credit balance of $6,000 (before adjustment). An analysis of accounts receivable produced the following age groups: E: (Click the icon to view the accounts receivable aging information.) The adjusting entry for bad debt expense was made in the amount of $9,880. What is the amount of the net receivables on the balance sheet? The net receivables on the balance sheet are $ Accounts receivable aging information Current $ 60 days past due 160,000 78,000 7,000 Over 60 days past due 245,000 Print Done

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