Accounts Receivable Has a Balance of $32,000,and the Allowance for Bad

question 66

Multiple Choice

Accounts Receivable has a balance of $32,000,and the Allowance for Bad Debts has a credit balance of $3,500.The allowance method is used.What is the net realizable value of Accounts Receivable before and after a $2,100 account receivable is written off?

• A)$28,500; $28,500
• B)$26,400; $26,400
• C)$28,500; $26,400
• D)$26,400; $30,600

---

Definitions:

Scholars

Individuals who engage in advanced study and research in a particular field, often contributing knowledge and insights.

Practitioners

Professionals who actively engage in a particular occupation, profession, or field of study.

Nonprofit Sector Management

The administration and operational strategies of organizations within the nonprofit sector, emphasizing efficiency, mission fulfillment, and sustainability.

Nonprofit Management Programs

Educational or training initiatives designed to improve the skills and knowledge of those running nonprofit organizations.