In reviewing the accounts receivable,the net receivables value is $17,000 before writing off a $1,500 account.What is the net receivables value after the write-off?
A)$17,000.
B)$1,500.
C)$18,500.
D)$15,500.

Question

Quizplus · Accepted Answer

The net receivables value remains $17,000 after the write-off because the write-off only affects the allowance for doubtful accounts, not the net receivables.

In Reviewing the Accounts Receivable,the Net Receivables Value Is $17,000