The Ending Balance of Accounts Receivable in the Ledger Is

question 84

Multiple Choice

The ending balance of Accounts Receivable in the ledger is calculated by adding the:

• A)debits and subtracting the credits recorded during the period to the beginning debit balance to arrive at the ending debit balance.
• B)debits and subtracting the credits recorded during the period to the beginning credit balance to arrive at the ending credit balance.
• C)credits and subtracting the debits recorded during the period to the beginning credit balance to arrive at the ending credit balance.
• D)credits and subtracting the debits recorded during the period to the beginning debit balance to arrive at the ending debit balance.

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