Triandis Company has the following unadjusted account balances on December 31, of the current year. The pre-adjustment balance of Allowance for Doubtful Accounts is a negative $1,600. This company uses the following aging of accounts receivable to estimate its bad debts.
The Net Realizable Value of Accounts Receivable reported on the year-end Balance Sheet will be:
A) $177,306
B) $195,694
C) $175,706
D) $174,106
Correct Answer:
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