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On December 31, 2021, the end of Larry's Used Cars' first year of operations, the accounts receivable was $53,500. The company estimates that $2,600 of

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On December 31, 2021, the end of Larry's Used Cars' first year of operations, the accounts receivable was $53,500. The company estimates that $2,600 of the year-end receivables will not be collected. Accounts receivable in the 2021 balance sheet will be valued at: Multiple Choice $2,600. $50,900. $53.500. $53,500. $56,100

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