PROBLEM 2-3 COMPUTING THE ACCOUNTS RECEIVABLE BALANCE Banaba Co. reported the following information at the end of its first year * operations, December 31, 2007: Bad debt expense for 2007 P169,000 Uncollectible accounts written off during 2007 47.600 Net realizable value of accounts receivable 994,200 What is the accounts receivable balance at December 31, 2007? a. PI,163,200 C. PI,041,800 b. PI,115,600 . PI,210,800