On January 1,Davidson Services Has the Following Balances: Davidson

question 26

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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