Accounts Receivable Has a Normal Balance of $1,000

question 113

Multiple Choice

Accounts Receivable has a normal balance of $1,000. After collecting $700, the balance in the account is

• A) debit $300.
• B) debit $1,700.
• C) credit $300.
• D) credit $1,700.

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Definitions:

Health Care Provider

A professional offering preventive, curative, promotional, or rehabilitative health care services in a systematic way to individuals, families or communities.

Abdominal Dressing

A protective covering applied to the abdomen to cover wounds or surgical incisions.

Policy And Procedure

Guidelines and steps established by an organization to govern operations and decision-making.

Nursing School

An educational institution or part of an institution that provides training and education to become a licensed nurse.