The following information relates to Halloran Co.'s accounts receivable for 2016 :Accounts receivable balance, 1/1/2016...
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Accounting
The following information relates to Halloran Co.'s accounts receivable for 2016
:Accounts receivable balance, 1/1/2016 $ 840,000 Credit sales for 2016 3,300,000
Accounts receivable written off during 2016 70,000
Collections from customers during 2016 3,100,000
Allowance for uncollectible accounts balance, 12/31/2016 210,000
What amount should Halloran report for accounts receivable, before allowances, at December 31, 2016?
$1,040,000.
$970,000.
$760,000.
None of these answer choices are correct.
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