Question: On December 3 1 , 2 0 2 4 , the end of Larry's Used Cars' first year of operations, the accounts recelvable was $

On December 31,2024, the end of Larry's Used Cars' first year of operations, the accounts recelvable was $53.300. The company eatimates that
$2,500 of the year-end recelvables will not be collected. Net accounts recelvable in the 2024 baliance sheet will be valued at:
Multiple Choice
$2,500.
$50,800.
$53,300.
$55,800.
On December 31,2024, the end of Larry's Used Cars' first year

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