On January 1, Davidson Services Has the Following Balances

question 19

Multiple Choice

On January 1, Davidson Services has the following balances: Davidson has the following transactions during January: Credit sales of $100,000, collections of credit sales of $85,000, and write-offs of $15,000. Davidson uses the direct write-off method. At the end of January, the balance in Accounts Receivable is:

• A)$16,000.
• B)$24,000.
• C)$68,000.
• D)$28,000.

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Definitions:

Sympathetic Nervous System

The sympathetic nervous system is a part of the autonomic nervous system that prepares the body for physical activity by accelerating the heart rate, constricting blood vessels, and raising blood pressure.

Conserve Energy

Efforts or strategies aimed at reducing the consumption of energy to save resources and reduce environmental impact.

Somatic Nervous System

A part of the peripheral nervous system that controls voluntary movements of the body by transmitting signals from the brain to the muscles.

Sensation

The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.