The following information was presented in the balance sheet of Acworth Pools as of December 31, 2013: 
Select the incorrect statement from the following.
A) The company expects to actually collect $1,700,000 of its receivables.
B) The balance in the Accounts Receivable account in the company's general ledger is $1,700,000.
C) The net realizable value of the company's receivables is $1,700,000.
D) The company expects uncollectibles to total $200,000.
Correct Answer:
Verified
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