On January 1,A Plus Services Has the Following Balances

question 114

Multiple Choice

On January 1,A Plus Services has the following balances:
Accounts Receivable $28,000 (debit)
Bad Debts Expense $0
A Plus Services has the following transactions during January: Credit sales of $110,000,collections of credit sales of $87,000,and write-offs of $19,000.A Plus Services uses the direct write-off method.At the end of January,the balance of Accounts Receivable is ________.

• A)$15,027
• B)$32,000
• C)$24,023
• D)$51,000

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