asked 115k views
2 votes
On January 1, 2014, Howe Company's Accounts Receivable balance was $11,400 and the balance in the Allowance for Doubtful Accounts was $570. On January 5, 2014, a $340 uncollectible account was written-off as uncollectible. Assuming that no other transactions related to accounts receivable had occurred, the net realizable value of accounts receivable immediately after the write-off was Multiple Choice A) $11,400. B) $10,830. C) $10,490. D) $11,060.

asked
User Yasir
by
8.0k points

1 Answer

4 votes

Answer:

B) $10,830.

Step-by-step explanation:

AR 11400

Allowance 570

net 10830

allowane 340

AR 340

AR 11060

Allowance 230

net 10830

The is no change in the net account receivable

answered
User RolandXu
by
7.6k points
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