At 1 January, Davidson Services has the following balances: Davidson has the following transactions during January:
Credit sales of $80 000, collections of $76 000, and write- offs of $12 000.
Davidson uses the direct write- off method. At the end of January, the balance in Accounts receivable is:

Question

At 1 January, Davidson Services has the following balances:  Davidson has the following transactions during January:
Credit sales of $80 000, collections of $76 000, and write- offs of $12 000.
Davidson uses the direct write- off method. At the end of January, the balance in Accounts receivable is:

Quizplus · Accepted Answer

The Answer of At 1 January, Davidson Services has the following balances:  Davidson has the following transactions during January:
Credit sales of $80 000, collections of $76 000, and write- offs of $12 000.
Davidson uses the direct write- off method. At the end of January, the balance in Accounts receivable is:

At 1 January, Davidson Services Has the Following Balances