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What is the total amount of risk of accounting loss

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Question - In its December 31 balance sheet, Butler Co. reported trade accounts receivable of $250,000 and related allowance for uncollectible accounts of $20,000. What is the total amount of risk of accounting loss related to Butler's trade accounts receivable, and what amount of that risk is off-balance sheet risk?

Risk of Accounting loss Off-balance sheet risk

a) $0 $0

b) $230,000 $0

c) $230,000 $20,000

d) $250,000 $20,000

Reference no: EM131622221

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