Accounts Receivable Has a Balance of $33,000,and the Allowance for Bad

question 150

Multiple Choice

Accounts Receivable has a balance of $33,000,and the Allowance for Bad Debts has a credit balance of $3300.The allowance method is used.What is the net realizable value of Accounts Receivable before and after a $2300 account receivable is written off?

• A) $29,700; $29,700
• B) $27,400; $27,400
• C) $29,700; $27,400
• D) $27,400; $32,000

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Definitions:

Origins

In anatomy, origins refer to the fixed attachment points where skeletal muscles are attached to bone, serving as the starting point for muscle contraction.

Femur

The largest and most durable bone in the body, stretching from the hip down to the knee.

Posterior Leg Muscles

Muscles located at the back of the leg that are primarily involved in movement and stabilization of the ankle, foot, and toes.

Extensor Digitorum Longus

The extensor digitorum longus is a muscle in the lower leg that helps to extend the toes and the foot.