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On December 31, 2013, the end of Larry's Used Cars' first year of operations, the...

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Accounting

On December 31, 2013, the end of Larry's Used Cars' first year of operations, the accounts receivable was $53,300. The company estimates that $1,800 of the year-end receivables will not be collected. Accounts receivable, net in the 2013 balance sheet will be valued at: A.53,300, B.51,500, C. 55,100 D. 1800

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