Question: Please help On January 1, Five Star Services has the following balances: Accounts Receivable - $28,000 (debit) Bad Debts Expense - $0 Five Star Services

Please help On January 1, Five Star Services has the following

Please help

On January 1, Five Star Services has the following balances: Accounts Receivable - $28,000 (debit) Bad Debts Expense - $0 Five Star Services has the following transactions during January: Credit sales of $120,000, collections of credit sales of $87,000, and write - offs of $15,000. Five Star Services uses the direct write - off method. At the end of January, the balance of Accounts Receivable is A. $46,000 B. $10,875 C. $61,000 D. $20,690

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