During the year, Bergh Company made an entry to write off a $4,000 uncollectible account.Before this entry was made, the balance in accounts receivable was $60,000 and the balance in the allowance account was $4,500.The net realizable value of accounts receivable after the write-off entry was

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The net realizable value of accounts receivable is calculated as the balance in accounts receivable minus the balance in the allowance for doubtful accounts. Before the write-off, the net realizable value was $60,000 - $4,500 = $55,500. The write-off of $4,000 reduces both accounts receivable and the allowance by the same amount, so the net realizable value remains $55,500.

During the Year, Bergh Company Made an Entry to Write