Question: Question 37 2 pts A company reports net realizable value of the accounts receivable of $260,000 on its December 31, 2019 balance sheet. The Allowance

 Question 37 2 pts A company reports net realizable value of
the accounts receivable of $260,000 on its December 31, 2019 balance sheet.

Question 37 2 pts A company reports net realizable value of the accounts receivable of $260,000 on its December 31, 2019 balance sheet. The Allowance for Bad Debts account has a credit balance of $28,000. What is the balance of gross Accounts Receivable? O $232,000 $260,000 O $28,000 $288,000 Question 39 2 pts Allen Company uses the aging-of-receivables method to estimate uncollectible receivables. What is the estimated total uncollectible accounts receivables? less than 30 over 90 days 30 - 90 days days Accounts Receivable $130000 $90,000 $320,000 Estimated percent 80% 35% 15% $183,500 $272.000 O $356,500 $540,000

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