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What is estimated net realisable value of account receivable

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Reference no: EM132824605

Question - 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

Reference no: EM132824605

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