Accounts Receivable Has a Balance of $6,000,and the Allowance for Bad

question 136

Multiple Choice

Accounts Receivable has a balance of $6,000,and the Allowance for Bad Debts has a credit balance of $400.The allowance method is used.What is the net realizable value of Accounts Receivable after a $150 account receivable is written off?

• A)$5,450
• B)$5,750
• C)$5,600
• D)$6,000

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Definitions:

Positive Reinforcement

A process in behavioral psychology whereby a behavior is strengthened by the consequence of experiencing a positive condition.

Stimuli

External or internal cues that evoke a response from an organism or system.

Probability

A measure of the likelihood that a specific event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Avoidance Conditioning

A learning process in which an individual learns to prevent or avoid an unpleasant stimulus by performing a particular behavior.