Jarrod Co Has the Following Balances in Its General Ledger

question 19

Multiple Choice

Jarrod Co has the following balances in its general ledger:
$\begin{array} { l r } \text { Accounts receivable } & \$ 42000 \\\text { Less Allowance for doubtful debts } & - \underline { 4000 } \\& \$ 38000\end{array}$
If a debt for $1 000,previously provided for as doubtful,is written off as bad,what is the estimated net realisable value of accounts receivable after the write off?

• A)$37 000
• B)$39 000
• C)$41 000
• D)$38 000

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