What Would Be the Account Balance in Accounts Receivable After

question 193

Multiple Choice

What would be the account balance in Accounts Receivable after the following transactions, assuming a zero beginning balance? $\begin{array}{|l|l|}\hline \text { Performed services and left a bill. } & \$ 4,200 \\\hline \text { Performed services and collected immediately. } & \$ 3,500 \\\hline \text { Performed services and billed customer. } & \$ 2,200 \\\hline \text { Performed services on account. } & \$ 6,000 \\\hline \text { Received partial payment on account. } & \$ 1,500 \\\hline\end{array}$

• A) $17,400
• B) $10,900
• C) $14,400
• D) $ 4,500
• E) $ 2,000

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Definitions:

Factoring

The process of breaking down an expression into its simpler components or factors that, when multiplied together, result in the original expression.

Square Root Property

A principle stating that for any positive number \(x\), if \(y^2 = x\), then \(y\) is a square root of \(x\).

Complex Solutions

Solutions to equations that include the square root of a negative number, typically represented as a combination of a real number and an imaginary number.

Quadratic Equation

A polynomial equation of the second degree, typically presented in the form ax^2 + bx + c = 0, where a, b, and c are constants.