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Jarrod Co Has the Following Balances in Its General Ledger

question 19

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Jarrod Co has the following balances in its general ledger:
 Accounts receivable $42000 Less Allowance for doubtful debts 4000$38000\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?

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Definitions:

Metric Tons

A unit of mass equal to 1,000 kilograms or approximately 2,204.6 pounds, commonly used in measuring weight in many countries outside the United States.

Crop of Tomatoes

The yield of tomatoes produced in a farming or gardening operation during a single growing season.

Pound

A standard of measurement for mass frequently utilized in both the US and the British imperial systems, corresponding to 0.453592 kilograms.

Kilograms

A unit of mass in the metric system, equivalent to 1,000 grams, commonly used globally for measuring weight.

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