Grandview,Inc

Multiple Choice

Grandview,Inc.uses the allowance method.At December 31,2018,the company's balance sheet reports Accounts Receivable,Net in the amount of $27,200.On January 2,2019,Grandview writes off a $2,400 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) $27,200
B) $2,400
C) $29,600
D) $24,800