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Suomit test A company reports net accounts receivable of $253,000 on its December 31,2026,...

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Accounting

Suomit test
A company reports net accounts receivable of $253,000 on its December 31,2026, balance sheet. The Allowance for Bad Debts account has a credit balance $24,000. What is the balance of Accounts Receivable?
A. $229,000
B. $253,000
C. $24,000
D. $277,000
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