On January 1, A Plus Services has the following balances
Accounts Receivable $25,000 (debit)
Bad Debts Expense $0
A Plus Services has the following transactions during January: Credit sales of $140,000, collections of credit sales of $90,000, and write-offs of $16,000. A Plus Services uses the direct write-off method. At the end of January, the balance of Accounts Receivable is ________.
A) $10,286
B) $59,000
C) $24,889
D) $75,000
B .Beginning balance $25,000 + Credit Sales $140,000 - Collections $90,000 - Write-offs $16,000 = $59,000
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