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TB MC Qu.2-96(Algo) On December 31,2024, the end of Larry's Used Cars' first year of......

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Accounting

TB MC Qu.2-96(Algo) On December 31,2024, the end of Larry's Used Cars' first year of...
On December 31,2024, the end of Larry's Used Cars' first year of operations, the accounts receivable was $52,600. The company estimates that $1,400 of
the year-end receivables will not be collected. Net accounts receivable in the 2024 balance sheet will be valued at:
Multiple Choice
$52,600.
$1,400.
$51,200.
$54,000.
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