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At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $26,000 and the allowance for doubtful accounts
At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $26,000 and the allowance for doubtful accounts is estimated at 4% of gross receivables?
Select one:
A. $24,940
B. $14,100
C. $23,500
D. $24,960
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