With the allowance method, why is the net balance, or net realizable value, of Accounts Receivable the same after the write off of a receivable as it was prior to the write off of the uncollectible account ...

The net balance of Accounts Receivable does not ch ...

With the allowance method, why is the net balance, or net realizable value, of Accounts Receivable the

Question:

With the allowance method, why is the net balance, or net realizable value, of the same after the write-off of a receivable as it was prior to the write-off of the uncollectible account?

Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...