11. Which of the following statements is NOT true? A) In order to report accounts receivable, net, companies estimate the amount they do not expect to collect from their credit customers. B) The allowance for uncollectible accounts reduces the gross amount of accounts receivable that are reported on the balance sheet. C) The net accounts receivables can be computed as the gross accounts receivable plus the allowance for doubtable account. D) Accounts receivables, net, reported in the current asset section of a balance sheet represents the total amount to be expected to collect from customers within the next year.