On January 1,A Plus Services Has the Following Balances

On January 1,A Plus Services has the following balances:
Accounts Receivable $28,000 (debit)
Bad Debts Expense $0
A Plus Services has the following transactions during January: Credit sales of $110,000,collections of credit sales of $87,000,and write-offs of $19,000.A Plus Services uses the direct write-off method.At the end of January,the balance of Accounts Receivable is ________.

A) $15,027
B) $32,000
C) $24,023
D) $51,000

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free