During the year, Kiner Company made an entry to write off a $16,000 uncollectible account. Before this entry was made, the balance in accounts receivable was $200,000 and the balance in the allowance account was $18,000. The net realizable value of accounts receivable after the write-off entry was

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Before the write-off entry, the net realizable value of accounts receivable was $182,000 ($200,000 - $18,000). After the write-off entry, the accounts receivable balance would be reduced by $16,000 to $184,000 ($200,000 - $16,000). The allowance for doubtful accounts balance would also be adjusted to reflect the write-off, resulting in a new balance of $18,000 ($18,000 - $16,000). Therefore, the net realizable value of accounts receivable after the write-off entry would be $166,000 ($184,000 - $18,000).

During the Year, Kiner Company Made an Entry to Write