Accounts Receivable has a debit balance of $2,300, and the Allowance for Uncollectible Accounts has a credit
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Question:
Accounts Receivable has a debit balance of $2,300, and the Allowance for Uncollectible Accounts has a credit balance of $400. A $50 account receivable is written off. What is the amount of net receivables (net realizable value) after the write-off?
A. $2.710
B. $2.490
C. $2.400
D. $1.900
Related Book For
Financial Accounting
ISBN: 978-1259914898
5th edition
Authors: David Spiceland, Wayne M. Thomas, Don Herrmann
Posted Date: