On January 1,2015,the Accounts Receivable of Linda,Inc

question 48

Multiple Choice

On January 1,2015,the Accounts Receivable of Linda,Inc.had a debit balance of $180,000.During January,the company provided services for $700,000 on account.The company collected $230,000 from its customers on account in January.What was the ending balance in the Accounts Receivable account at the end of January?

• A)$470,000
• B)$880,000
• C)$650,000
• D)$700,000

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