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Aurora Co. had Accounts Receivable totalling $450,000 and an Allowance for Doubtful Accounts with a...

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Accounting

Aurora Co. had Accounts Receivable totalling $450,000 and an Allowance for Doubtful Accounts with a balance of $5,000 on December 1, 2020. On December 2 Aurora wrote off $7,500 of uncollectible accounts. The net carrying value of Accounts Receivable before and after the writeoff was

Before After

a) $450,000 $442,500.

b) $445,000 $445,000.

c) $445,000 $452,500.

d) $445,000 $457,500.

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