Which of the following best describes the proper presentation of accounts receivable in the financial statements?
a. Accounts Receivable plus the Allowance for Doubtful Accounts in the asset section of the balance sheet.
b. Accounts Receivable in the asset section of the balance sheet and the Allowance for Doubtful Accounts in the expense section of the income statement.
c. Accounts Receivable less Bad Debt Expense in the asset section of the balance sheet.
d. Accounts Receivable less the Allowance for Doubtful Accounts in the asset section of the balance sheet.