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At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $23,500 and the allowance for doubtful accounts
At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $23,500 and the allowance for doubtful accounts is estimated at 4% of gross receivables? Answer A. $23,500 B. $22,560 C. $24,940 D. $14,100
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