A company reports net accounts receivable of $152,000 on its December 31, 2017 balance sheet. The Allowance for Bad Debts has a credit balance of $16,000. What is the balance of Accounts Receivable?
A) $157,000
B) $152,000
C) $168,000
D) $136,000
C .$152,000 + $16,000 = $168,000
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