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Which one of the following statements is true ? Group of answer choices AAA expects that $1,600,000 of accounts receivable will be collected in the

Which one of the following statements is true?

Group of answer choices

AAA expects that $1,600,000 of accounts receivable will be collected in the future.

AAA expects that $100,000 of accounts receivable will be collected in the future.

AAA expects that $1,700,000 of accounts receivable will be collected in the future.

The following information was presented in the balance sheet of AAA Company as of December 31, 202X:

Accounts Receivable $1,700,000
Less: Allowance for Uncollectible Accounts $100,000
Accounts Receivable, Net $1,600,000

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