Net realizable value of accounts receivable after write-off


Question: During the year,johns company made an entry to write off a $4000 uncollectible account. before this entry was made, the balance in accounts receivable was $50,000 and the balance in the allowance account was $4,500. The net realizable value of accounts receivable after the write-off entry was?

A) $50,000

B) $49,500

C) $41,500

D) $45,500

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Accounting Basics: Net realizable value of accounts receivable after write-off
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