Grandview,Inc.uses the allowance method.At December 31,2018,the company's balance sheet reports Accounts Receivable,Net in the amount of $27,200.On January 2,2019,Grandview writes off a $2,400 customer account balance when it becomes clear that the customer will never pay.What is the amount of Accounts Receivable,Net after the write-off?

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When the allowance method is used and a customer account is written off,a decrease is recorded in Accounts Receivable,which is offset by a decrease in the contra-account,Allowance for Doubtful Accounts.The decrease in Accounts Receivable decreases total assets,while the decrease in the Allowance for Doubtful Accounts increases total assets.As a result,the amount reported as Accounts Receivable,Net does not change.