c. 623,800 d. 593,000

Question 32 2.5 points Save Ans ABC Co. offers credit terms to its customers. At the end of 2013, accounts receivable totaled $625,000. The allowance for doubtful accounts had a credit balance of $32,000 at the beginning of 2013 and $21,000 in receivables were written off during the year as uncollectable. Also, $1,200 in cash was received in December from a customer whose account previously had been written off. The cash (net) realizable value of accounts receivable be shown in the 2013 year-end statement of financial position was: A. $625,000 B. $591,800