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16 February, 20:16

Tudor Corp. has an ending balance in the accounts receivable account of $20,000. Tudor recorded bad debt expense of $1,000. Tudor has an ending balance in the allowance for uncollectible accounts of $2,000. What is the net accounts receivable balance?

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  1. 16 February, 20:20
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    The net accounts receivable balance is $18,000

    Explanation:

    Given,

    Ending balance of account receivable = $20,000

    Bad debts Expenses = $1,000

    Ending balance of Noncollectable account = $2,000

    Net account Receivable = Ending balance of account receivable - ending balance of noncollectable account.

    Net account Receivable = $20,000 - $2,000

    = $18,000
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