On December 15,the accounts receivable balance was $50,000 and the balance in the allowance for doubtful accounts was $5,000.That morning,a $1,000 uncollected account was written off.What is the net realizable value of accounts receivable immediately after the write-off?
A) $44,000
B) $45,000
C) $46,000
D) $49,000
Correct Answer:
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