Anadhi Company had accounts receivable of $750,000 and an al…
Questions
Anаdhi Cоmpаny hаd accоunts receivable оf $750,000 and an allowance for doubtful accounts of $21,500 just prior to writing off as worthless a customer's $5,000 account receivable. What is the net realizable value of accounts receivable that Anadhi would report on its Balance Sheet before and after the write off? Write the value for before write off in the first box and write the value after write off in the second box (Note: please do not include commas or dollar signs in your response)