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Dorman Company had the following items to report on its balance sheet: Employee advances $ 1,580 Amounts owed by customers for the sale of services
Dorman Company had the following items to report on its balance sheet:
Employee advances | $ 1,580 |
Amounts owed by customers for the sale of services (due in 30 days) | 3,050 |
Refundable income taxes | 1,120 |
Interest receivable | 950 |
Accepted a formal instrument of credit for services (due in 18 months) | 2,220 |
A loan to company president | 10,000 |
Dishonored a note for principal and interest which will eventually be collected | 1,380 |
Based on this information, what amount should appear in the "Other Receivables" category?
A. | $15,030 | |
B. | $13,650 | |
C. | $17,250 | |
D. | $20,300 |
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