Cooper Company's net accounts receivable before write-offs is $1,690,000. What is the balance in net accounts receivable, if $39,600 in doubtful accounts are written off?

Question

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When the journal entry is recorded to write-off doubtful accounts, a debit is made to Allowance for Doubtful Accounts and a credit to Accounts Receivable - decreasing both account balances for the written off amount. The net effect is no change to the Accounts receivable, net balance.

Cooper Company's Net Accounts Receivable Before Write-Offs Is $1,690,000