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Home Q & A Board Other Fields Homework Help Business Accounting
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H3Ko H3Ko
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8 years ago
On January 1, A Plus Services has the following balances:

Accounts Receivable $25,000 (debit)
Bad Debts Expense  $0

A Plus Services has the following transactions during January: Credit sales of $140,000, collections of credit sales of $90,000, and write-offs of $16,000. A Plus Services uses the direct write-off method. At the end of January, the balance of Accounts Receivable is ________.
A) $59,000
B) $75,000
C) $10,286
D) $24,889
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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.unplugged..unplugged.
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#1
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8 years ago
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H3Ko Author
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#2
8 years ago
I posted this question a while back then forgot to check the forum lol Thanks for answering, you were right
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#3
5 years ago
Thanks man!
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#4
4 years ago
Thank you!
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#5
3 years ago
thank you
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