On January 1, Year 2, the Accounts Receivable balance was $37,000 and the balance in the Allowance for Doubtful Accounts was $2,800. On January 15, Year 2, an $800 uncollectible account was written-off. The net realizable value of accounts receivable immediately after the write-off is:
A) $36,200.
B) $33,400.
C) $35,000.
D) $34,200.

Question

Quizplus · Accepted Answer

The Answer is D

On January 1, Year 2, the Accounts Receivable Balance Was