Question 6 of 20 Select the best answer for the question. 6. On December 31, 2015, the end of Steve's RVs first year of operations, the accounts receivable was $53,600. The company estimates that $1,200 of the year-end receivables will not be collected. What will be the balance of accounts receivable on the 2015 balance sheet? A. $54,800 B. $53,600 C. $1,200 D. $52,400 20. GM Motor Company purchases services from suppliers on account and sells its products to distributors on short-term credit. Thus, do each of these events affect net income faster than they affect net operating cash flows? A. Purchase Services: No Sell Products: Yes O B. Purchase Services: No Sell Products: No C. Purchase Services: Yes / Sell Products: Yes D. Purchase Services: Yes / Sell Products: No