On January 15, 2016, the Accounts Receivable Balance Was $7,000

question 2

Multiple Choice

On January 15, 2016, the accounts receivable balance was $7,000 and the balance in the allowance for doubtful accounts was $700.On January 16, 2016, 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:

Study of Motivation

The research and analysis of what compels individuals to take action, make decisions, and achieve personal and professional goals.

Motivating Employees

The process of encouraging employees to perform their best by fulfilling their needs and aspirations.

Basic Categories

Fundamental classifications or groupings used to organize and simplify concepts or objects.

Maslow's Needs

A hierarchy of human needs proposed by Abraham Maslow, suggesting that people are motivated to fulfill basic needs before moving on to other, more advanced needs.