Z Company Obtained the Following Balances from Its Computerized Accounting

Z Company obtained the following balances from its computerized accounting information system at the end of the year before adjustments: The company estimates that 2% of net sales will be uncollectible.After the correct adjusting entry has been made,what is the net accounts receivable on the year-end balance sheet?

A) This is a trick question.Accounts receivable appear on the income statement,not the balance sheet.
B) $46,100
C) $46,000
D) $45,900