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

Question

Quizplus · Accepted Answer

Writing off a specific account receivable does not change the net receivable value when using the allowance method, as the write-off is made against the allowance for doubtful accounts, not directly against accounts receivable.

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