ABC Company wrote off the $1,000 account of Charles Langford, one of its costumers. By...
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Accounting
ABC Company wrote off the $1,000 account of Charles Langford, one of its costumers. By what amount does the net realizable value of accounts receivable change due to the write-off?
a. $0
b. $1,000 increase
c. $1,000 decrease
d. not enough information to tell
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