Taylor, Inc. had accounts receivable of $260,000 and an allowance for doubtful a

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Taylor, Inc. had accounts receivable of $260,000 and an allowance for doubtful accounts of $14,700 just before writing off as worthless an account receivable from Burton Company of $1,240. The net realizable value of the accounts receivable before and after the write-off were:

Taylor, Inc. had accounts receivable of $260,000 and an allowance for doubtful accounts of $14,700 just before writing off as worthless an account receivable from Burton Company of $1,240. The net realizable value of the accounts receivable before and after the write-off were:

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