J Co Has the Following Balances in Its General Ledger

question 44

Multiple Choice

J Co has the following balances in its general ledger.
Accounts receivable $24 000
Less allowance for doubtful debts -5 000
$19 000
If a debt for $2000,previously provided for as doubtful,is written off as bad,what is the estimated net realisable value of accounts receivable after the write off?

• A)$21 000
• B)$17 000
• C)$19 000
• D)$22 000

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