A company reports net accounts receivable of $152,000 on its December 31, 2019 balance sheet. The Allowance for Bad Debts has a credit balance of $20,000. What is the balance of Accounts Receivable?
A) $157,000
B) $152,000
C) $172,000
D) $132,000
C) $172,000
$152,000 + $20,000 = $172,000
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