XYZ Company's accounting records on January 1 showed: On January 2,XYZ wrote off an account receivable of $1,000 from Bounder,Inc.As a result of this write-off,the net realizable value of XYZ's accounts receivable will ________.

Question

XYZ Company's accounting records on January 1 showed:  On January 2,XYZ wrote off an account receivable of $1,000 from Bounder,Inc.As a result of this write-off,the net realizable value of XYZ's accounts receivable will ________.

Quizplus · Accepted Answer

The Answer of XYZ Company's accounting records on January 1 showed:  On January 2,XYZ wrote off an account receivable of $1,000 from Bounder,Inc.As a result of this write-off,the net realizable value of XYZ's accounts receivable will ________.

XYZ Company's Accounting Records on January 1 Showed: on January