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

Question 54

Multiple Choice

Accounts receivable has a balance of $5 000 and the Allowance for doubtful debts has a credit balance of $440. What is Net accounts receivable after a $160 account receivable is written off?


A) $5 000
B) $4 400
C) $4 720
D) $4 560

Correct Answer:

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