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What was the net amount of receivables

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Boulder Beaver Company had a $150,000 beginning balance in Accounts Receivable and a $6,000 credit balance in the Allowance for Doubtful Accounts. During the year, credit sales were $600,000 and customers' accounts collected were $590,000. Also, $4,000 in worthless accounts were written off.

Question 1: What was the net amount of receivables included in the current assets at the end of the year, before any provision was made for doubtful accounts?

Select one:

A. $126,000

B. $120,000

C. $154,000

D. $130,000

Reference no: EM132498648

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