Question: The December 31, 2016 unadjusted Trial Balance of Hermes Company included the following accounts: Accounts Receivable $ 20,000 Allowance for Doubtful Accounts 1,500 (debit) Sales

The December 31, 2016 unadjusted Trial Balance of Hermes Company included the following accounts: Accounts Receivable $ 20,000 Allowance for Doubtful Accounts 1,500 (debit) Sales Revenue 250,000 If it is estimated that 1 percent of the Sales Revenue is uncollectible, the Net Realizable Value of Accounts Receivable on December 31, 2016 Balance Sheet will be: Question 3 options: A) $15,800 B) $19,000 C) $18,400 D) $17,400

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