Daley Company Uses the Allowance Method

Multiple Choice

Daley Company uses the allowance method.At December 31,2015,the company's balance sheet reports Accounts Receivable,Net in the amount of $17,000.On January 2,2016,Daley writes off a $1,500 customer account balance when it becomes clear that the customer will never pay.What is the amount of Accounts Receivable,Net after the write-off?

A) $17,000
B) $1,500
C) $18,500
D) $15,500