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The following information relates to Halloran Co.'s accounts receivable for 2021: Accounts receivable balance, 1/1/2021 $ 860,000 Credit sales for 2021 3,360,000 Accounts receivable written
The following information relates to Halloran Co.'s accounts receivable for 2021:
Accounts receivable balance, 1/1/2021 | $ | 860,000 | |
Credit sales for 2021 | 3,360,000 | ||
Accounts receivable written off during 2021 | 66,000 | ||
Collections from customers during 2021 | 3,030,000 | ||
Allowance for uncollectible accounts balance, 12/31/2021 | 220,000 | ||
What amount should Halloran report for accounts receivable, before allowances, at December 31, 2021?
Multiple Choice
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$1,124,000.
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$1,190,000.
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$904,000.
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None of these answer choices are correct.
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