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    Financial Accounting Study Set 1
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    Exam 8: Receivables,Bad Debt Expense,and Interest Revenue
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    Charleston,Inc
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Charleston,Inc

Question 221

Question 221

Multiple Choice

Charleston,Inc.has Accounts Receivable of $320,000 and an Allowance for Doubtful Accounts of $16,000.If it writes-off a customer account balance of $1,600,what is the amount of its net accounts receivable?


A) $318,400
B) $320,000
C) $304,000
D) $302,400

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