Accounts Receivable has a debit balance of ($ 3,200), and (1) the Allowance for Uncollectible Accounts has
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Accounts Receivable has a debit balance of \(\$ 3,200\), and (1) the Allowance for Uncollectible Accounts has a credit balance of \(\$ 300\). A \(\$ 100\) accounts receivable is written off. What is the amount of net receivables (net realizable value) after the write off?
a. \(\$ 2,800\)
b. \(\$ 2,900\)
c. \(\$ 3,000\)
d. \(\$ 3,100\)
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Related Book For
Financial Accounting
ISBN: 9780135433065
7th Canadian Edition
Authors: Walter Harrison, Wendy Tietz, C. Thomas, Greg Berberich, Catherine Seguin
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