Before year-end adjusting journal entries were made, Bell Inc. account balances at December 31 were $1,400,000 for
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Before year-end adjusting journal entries were made, Bell Inc. account balances at December 31 were $1,400,000 for accounts receivable and $90,000 for the allowance for doubtful accounts. An aging of accounts receivable indicated that $100,000 of the receivables are expected to be uncollectible. Bell should report accounts receivable at a net amount of:
a.$1,400,000
b $1.275,000
c. $1,300,000
d.$1,310,000
Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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