On January 15, 2015, the Accounts Receivable Balance Was $7,000

question 69

Multiple Choice

On January 15, 2015, the accounts receivable balance was $7,000 and the balance in the allowance for doubtful accounts was $700.On January 16, 2015, a $200 uncollectible account was written-off.The net realizable value of accounts receivable on January 16 immediately after the write-off is:

• A)$6,300
• B)$6,800
• C)$6,500
• D)$7,900

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