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 $53,600. The company estimates that $1,200 of the year-end recelvables will not be collected. Net accounts recelvable in the 2024 balance sheet will be valued at:
Multiple Choice
$52,400.
$54.800.
$1,200.
$53.600.
On December 3 1 , 2 0 2 4 , the end of Larry's

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