Accounts Receivable Has a Balance of $8000 and the Allowance

question 36

Multiple Choice

Accounts receivable has a balance of $8000 and the Allowance for doubtful debts has a credit balance of $450.The allowance method is used.What is the net realisable value after a $170 account receivable is written off?

• A)$7550
• B)$7720
• C)$7380
• D)$8000

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