Legacy Company uses the aging of accounts receivable method….
Legacy Company uses the aging of accounts receivable method. The company performed an aging of accounts receivable on December 31 and gathered the following information: Accounts Receivable $ 420,000 Unadjusted Credit balance in Allowance for Doubtful Accounts 16,000 Estimated Uncollectible Accounts Receivable 23,200 What is the amount of Accounts Receivable, Net that will be reported on the balance sheet at December 31?