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Which one of the following is the correct presentation of Accounts Receivable and its contra account on the balance sheet? Accounts Receivable Plus: Allowance for

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Which one of the following is the correct presentation of Accounts Receivable and its contra account on the balance sheet? Accounts Receivable Plus: Allowance for Doubtful Accounts $642,000 2,000 $644,000 Accounts Receivable Less: Bad Debt Expense Less: Allowance for Doubtful Accounts $642,000 (17,000) (2,000) $623,000 Accounts Receivable Less: Allowance for Doubtful Accounts $642,000 (2,000) $640,000 Accounts Receivable Less: Bad Debt Expense $642,000 (17,000) $625,000

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