A company who uses the allowance method,writes-off a receivable of $2,000.Prior to the journal entry,the credit balance in the Allowance for Uncollectible Accounts was $18,432 and Accounts Receivable were $2,000,000.After the entry to write-off the receivable is made,the net realizable value of Accounts Receivable will be:

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The net realizable value of Accounts Receivable is calculated as Accounts Receivable minus the Allowance for Uncollectible Accounts. Writing off a receivable decreases both Accounts Receivable and the Allowance for Uncollectible Accounts by the same amount, so the net realizable value remains unchanged at $1,981,568.

A Company Who Uses the Allowance Method,writes-Off a Receivable of $2,000.Prior