Refer to LaGrow Developers. Assuming that LaGrow uses the installment sales method, in its December 31, 2016 balance sheet, the company would report ________
A) $3,000,000 net installment account receivable
B) $4,000,000 net installment account receivable
C) $2,600,000 net installment account receivable
D) $5,000,000 net installment account receivable
Answer: A
Business
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