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

question 112

Multiple Choice

Accounts receivable has a balance of $5,000 and the Allowance for uncollectible accounts has a credit balance of $440.What is Net accounts receivable after a $160 account receivable is written off?

• A) $4,400
• B) $4,720
• C) $4,560
• D) $5,000

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Definitions:

Kitchen Cabinets

Furniture installed in many kitchens for storage of food, cooking equipment, and often silverware and dishes.

Wood

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Increase In Price

This occurs when the cost of a good or service rises, which can be influenced by various factors such as supply and demand, production costs, and inflation.

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A frozen dessert made from dairy products, such as milk and cream, often combined with fruits, flavors, or other ingredients.