On December 31, 2020, James Company has an accounts receivable balance of $324,000 before any year-end adjustments. The Allowance for Doubtful Accounts has a $1,100 credit balance. The company prepares the following aging schedule for accounts receivable:
A) $12,160
B) $1,570
C) $9,960
D) $11,060
Correct Answer:
Verified
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