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Accounts Receivable Has a Debit Balance of $5,000, and the Allowance

Question 85

Multiple Choice

Accounts receivable has a debit balance of $5,000, and the allowance for doubtful accounts has a credit balance of $440. A specific account of $160 is written off. What is the amount of net receivables after the write-off?


A) $4,840
B) $4,400
C) $4,560
D) $5,000

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