Accounts Receivable Has a Balance of $4000,and the Allowance for Bad

question 125

Multiple Choice

Accounts Receivable has a balance of $4000,and the Allowance for Bad Debts has a credit balance of $430.The allowance method is used.What is the net realizable value of Accounts Receivable after a $170 account receivable is written off?

• A) $3400
• B) $3740
• C) $3570
• D) $4000

---

Definitions:

All Times And Places

A phrase expressing the concept of universality, suggesting relevance or application across different historical periods and geographical locations.

Defense Mechanism

Unconscious psychological strategies brought into play by various entities to cope with reality and to maintain self-image.

Reaction Formation

A psychological defense mechanism where an individual expresses feelings or behaviors that are directly opposite to their true feelings.

Hostility

Aggressive or antagonistic attitudes or behaviors towards others, often stemming from anger, frustration, or resentment.