Answer:
a write-off using the allowance method will not change the net receivables.
Explanation:
accounts receivable 2,500
Allowance for Uncollectible Accounts (500)
net receivable 2,000
a write-off using the allowance method will not change the net receivables.
after the write-off both, Ar and the allowance decrease by 80
so the net receivable keeps at the same value
accounts receivable 2,420
Allowance for Uncollectible Accounts (420)
net receivable 2,000
