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

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