Q2: On December 1, Accounts Receivable has a debit balance of $4,500, and Allowance for Bad Debts has a credit balance of $90. On December 31, the company determined it could not collect $80 from King Company and wrote it off using the allowance method. What is the net realizable value of Accounts Receivable on December 31? OA. $4,420 OB. $4,580 OC. $4,410 O D. $4,510

On December 1. Accounts Pecelvable has a debit balance of $4.500, and Alowance for Bad Debts has a crediz tatance of $90. On December 31, the company determined it could not colloct $890 from King A. $4,420 B. $4,560 C. $1,410 D. $.510