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3 August, 22:28

The following information relates to Halloran Co.'s accounts receivable for 2013:

Accounts receivable balance, 1/1/2013 $ 847,000

Credit sales for 2013 3,340,000

Accounts receivable written off during 2013 54,000

Collections from customers during 2013 2,900,000

Allowance for uncollectible accounts balance, 12/31/13 218,000

What amount should Halloran report for accounts receivable, before allowances, at December 31, 2013?

$1,233,000.

$1,287,000.

$1,015,000.

None of the above is correct.

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  1. 3 August, 23:30
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    None of the above is the answer
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