At December 1, 2015, Cursive Company's Accounts Receivable Balance Was

question 29

Multiple Choice

At December 1, 2015, Cursive Company's accounts receivable balance was $1,800. During December, Cursive had credit revenues of $7,200 and collected accounts receivable of $6,000. At December 31, 2015, the accounts receivable balance is

• A)$600 debit.
• B)$3,000 debit.
• C)$600 credit.
• D)$3,000 credit.

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Definitions:

Practice Safer Sex

Engaging in sexual activities in a manner that reduces the risk of transmitting or acquiring sexually transmitted infections.

HIV-Positive

A status indicating that a person has been infected with the Human Immunodeficiency Virus, which attacks the immune system.

Over-The-Counter Drugs

Medications available without a prescription, used for the treatment of common health issues or relieve symptoms.

Sexually Transmitted Infection (STI)

An infection transmitted through sexual contact, caused by bacteria, viruses, or parasites.