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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Definitions:

Plant Hormone

Substances synthesized by plants that are crucial for regulating their growth, development, and various biological functions.

Tissue Culture

The growth of tissue or cells in a synthetic growth medium under sterile conditions.

Cell Growth

The process by which cells increase in size and mass, often as part of the development, maintenance, and repair of tissues and organs.

Plant Hormone

Chemical substances produced in plants that regulate growth, development, and other physiological processes.