In reviewing the accounts receivable the cash realizable value is $28000 before the write-off of a $2000 account.What is the cash receivable value after the write-off?
A)$28000
B)$2000
C)$30000
D)$26000

Question

Quizplus · Accepted Answer

The cash realizable value remains $28000 after the write-off because the write-off of an account does not affect the net realizable value of accounts receivable.

In Reviewing the Accounts Receivable the Cash Realizable Value Is