Cortez Co Had Accounts Receivable Totalling $450,000 and an Allowance for for Doubtful

question 80

Multiple Choice

Cortez Co. had accounts receivable totalling $450,000 and an allowance for doubtful accounts with a balance of $5,000 on June 1, 2018. On June 2 Cortez wrote off $2,400 of uncollectible accounts. The net carrying value of accounts receivable before and after the write-off was

• A) Before $450,000 | After $447,600
• B) Before $445,000 | After $445,000
• C) Before $445,000 | After $442,600
• D) Before $450,000 | After $445,000
• E) Before $450,000 | After $450,000

---

Definitions:

Discrimination Training

A process in learning where an individual is trained to respond differently to distinct stimuli based on their attributes or consequences.

Generalization

Responding in the same manner to similar stimuli.

Conditioned Stimulus

A previously neutral stimulus that, after becoming associated with the unconditioned stimulus, eventually comes to trigger a conditioned response.

Parietal Lobe

A region of the brain associated with processing sensory information and spatial orientation.