Question
are the balances for Johnson Co at 12 December: Accounts Receivable $23 452 Allowance for Doubtful Debts 1 252 $22 200 If an account for
are the balances for Johnson Co at 12 December:
Accounts Receivable $23 452
Allowance for Doubtful Debts 1 252 $22 200
If an account for $300 is written off on 15 December what is the estimated realisable value of Accounts Receivable after the write-off? (Ignore any GST adjustment for the purposes of this question).
A. $20 452
B. $25 200
C. $22 200
D. $19 200
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
