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J Co has the following balances in its general ledger. Accounts receivable$24 000 Less allowance for doubtful debts -5 000 $19 000 If a debt
J Co has the following balances in its general ledger.
Accounts receivable$24 000
Less allowance for doubtful debts -5 000
$19 000
If a debt for $2000, previously provided for as doubtful, is written off as bad debts, what is the estimated net realisable value of accounts receivable after the write off?
a.$21 000
b.$17 000
c.$19 000
d.$22 000
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