On January 1,A Plus Services Has the Following Balances: Accounts

question 85

Multiple Choice

On January 1,A Plus Services has the following balances: Accounts Receivable $25,000 (debit)
Bad Debts Expense $0
A Plus Services has the following transactions during January: Credit sales of $140,000,collections of credit sales of $90,000,and write-offs of $16,000.A Plus Services uses the direct write-off method.At the end of January,the balance of Accounts Receivable is ________.

• A)$10,286
• B)$59,000
• C)$24,889
• D)$75,000

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Definitions:

Directionality

The quality or condition of having a specific direction, orientation, or tendency.

Activation

Involves the arousal of the brain or body to a state of increased responsiveness to stimuli.

Vigor

Physical strength, health, and energy.

Nomothetic

An approach in psychology that seeks to study and identify general laws and principles that can be applied broadly across individuals.