During the year, Jantz Company made an entry to write off a $4,000 uncollectible account.Before this entry was made, the balance in accounts receivable was $50,000 and the balance in the allowance account was $4,500.The net realizable value of accounts receivable after the write-off entry was
A) $50,000.
B) $49,500.
C) $41,500.
D) $45,500.
Correct Answer:
Verified
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