Multiple Choice
On January 1, Davidson Services has the following balances: 
Davidson has the following transactions during January: Credit sales of $100,000, collections of credit sales of $85,000, and write-offs of $15,000. Davidson uses the direct write-off method. At the end of January, the balance in Accounts Receivable is:
A) $16,000.
B) $24,000.
C) $68,000.
D) $28,000.
Correct Answer:
Verified
Correct Answer:
Verified
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