Accounts Receivable Has a Debit Balance of $5,000, and the Allowance

question 85

Multiple Choice

Accounts receivable has a debit balance of $5,000, and the allowance for doubtful accounts has a credit balance of $440. A specific account of $160 is written off. What is the amount of net receivables after the write-off?

• A)$4,840
• B)$4,400
• C)$4,560
• D)$5,000

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