Taylor, Inc. had accounts receivable of $260,000 and an allowance for doubtful accounts of $14,700...
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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: |
| $245,300 before and $244,060 after. | |
| $245,300 before and $245,300 after. | |
| $260,000 before and $258,760 after. | |
| $274,700 before and $273,460 after. |
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