Solution: On January 1, the Accounts Receivable balance was $18,500 and the balance in the Allowance for Doubtful Accounts was $1,400. On January 15, a $400 uncollectible account was written-off. The net realiz

Problem

On January 1, the Accounts Receivable balance was $18,500 and the balance in the Allowance for Doubtful Accounts was $1,400. On January 15, a $400 uncollectible account was written-off. The net realizable value of accounts receivable immediately after the write-off is:

a. $18,100.

b. $16,700.

c. $17,100.

d. $17,500.