Answer:
Net accounts receivable is $190,000 if Samuel, Inc. writes-off a customer account balance of $1,000.
Explanation:
Net accounts receivable = Accounts Receivable - Allowance for Doubtful Accounts
In Samuel, Inc., before write-off:
Net accounts receivable = $200,000 - $10,000 = $190,000
The company writes-off a customer account balance of $1,000 by the entry:
Debit Allowance for Doubtful Accounts $1,000
Credit Accounts Receivable $1,000
Allowance for Doubtful Accounts and Accounts Receivable decrease $1,000
Net accounts receivable after write-off = $199,000 - $9,000 = $190,000
