During the year, Kiner 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 cash realizable value of accounts receivable after the write-off entry was

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The cash realizable value of accounts receivable is calculated as Accounts Receivable minus the Allowance for Doubtful Accounts. Before the write-off, the cash realizable value was $50,000 - $4,500 = $45,500. The write-off of $4,000 reduces both Accounts Receivable and the Allowance for Doubtful Accounts by the same amount, so the cash realizable value remains $45,500.

During the Year, Kiner Company Made an Entry to Write