In Reviewing the Accounts Receivable, the Cash Receivable Value Is

question 141

Multiple Choice

In reviewing the accounts receivable, the cash receivable value is $28,000 before the write-off of a $2,000 account.What is the cash receivable value after the write-off?

• A)$28,000
• B)$2,000
• C)$30,000
• D)$26,000

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Definitions:

Ohm's Law

A fundamental principle in electrical engineering that states the current through a conductor between two points is directly proportional to the voltage across the two points and inversely proportional to the resistance.

Resistive Circuit

A type of electrical circuit that consists solely of resistors and obeys Ohm's Law, designed for applications where resistance is the primary concern.

Lenz's Law

A principle stating that an induced electrical current will flow in a direction that opposes the change causing it.

Inductor Coil

A component consisting of a wire wound around a core, used in circuits to store energy in a magnetic field when electrical current flows through it.