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Guidry Inc has sales and bad debt expense during the current year of $434,000 and $51,000 respectively. The only other events in the Allowance for

Guidry Inc has sales and bad debt expense during the current year of $434,000 and $51,000 respectively. The only other events in the Allowance for Doubtful accounts was the write-off of uncollectible accounts. Guidry Inc also provided the following

12/31/X3 12/31/X2
Accounts Receivable 31,000 20,000
Allowance for Doubtful Accounts 3,000 credit 2,000 debit

How much cash should the company report as generate from its customer's

  • A.

    423,000

  • B.

    434,000

  • C.

    371,000

  • D.

    377,000

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