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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