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:

Verified
Correct Answer:
Verified
Related Questions
Q49: On 1 March 2014, Bayonne Services made
Q50: On 1 October 2014, Allen Jewellery Company
Q52: What is the total interest on a
Q53: A newly created design business called Smart
Q55: At 1 January, Davidson Services has the
Q56: The ageing- of- accounts- receivable method computes
Q57: Which of the following are the two
Q58: Charlton Sales has a receivable for $92
Q75: The direct write-off method requires an entry
Q106: The ratio that indicates whether a company