Tabor Company Had Trade Receivables of $450,000 and an Allowance $\begin{array} { l r r } && \text { Before } & \text { After } \\\end{array}$

Multiple Choice

Tabor Company had trade receivables of $450,000 and an allowance for doubtful accounts of $15,500 just prior to writing off as worthless a trade receivable from Fox Company of $5,000. What was the net realizable value of trade receivables as shown by the accounting record before and after the write-off?
$\begin{array} { l r r } && \text { Before } & \text { After } \\\end{array}$
a) $\begin{array} { l r r } & 450,000 & 450,000 \\\end{array}$
b) $\begin{array} { l r r } & 15,000 & 439,500 \\\end{array}$
c) $\begin{array} { l r r } & 434,500 & 429,500 \\\end{array}$
d) $\begin{array} { l r r } & 434,500 & 434,500 \\\end{array}$

A) Choice A
B) Choice B
C) Choice C
D) Choice D