Samuel, Inc. has Accounts Receivable of $260,000 and an Allowance for Doubtful Accounts of $16,000. If it writes-off a customer account balance of $1,600, what is the amount of its net accounts receivable

Net accounts receivable before write-off = $244,000

Net accounts receivable after write-off  = $229600

Explanation:

given data

Accounts Receivable = $260,000

Allowance for Doubtful Accounts = $16,000

writes-off  customer account balance = $1,600

solution

we get her Net accounts receivable that is express as

Net accounts receivable = Accounts Receivable -  Allowance for Doubtful Accounts    1

so here before write-off Net accounts receivable  is

Net accounts receivable = $260,000 - $16,000

Net accounts receivable = $244,000

and

after write-off  

writes-off a customer account balance entry as

Allowance  Doubtful Account =  $1,600 Debit

Accounts Receivable =  $1,600 Credit

so

Net accounts receivable after write-off

Net accounts receivable = $244,000 - ($16000 - 1600 )

Net accounts receivable  = $229600

b is the correct answer

the law, public safety, corrections, and security cluster prepares people for careers in planning, managing, and providing legal, public safety, protective services and homeland security, including professional and technical support services.