The Accounts Receivable Account of Brownstone Company Has the Following

question 213

Multiple Choice

The Accounts Receivable account of Brownstone Company has the following postings: Calculate the ending balance of the account.

• A) $31,000 debit
• B) $27,000 debit
• C) $4,000 credit
• D) $23,000 debit

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Definitions:

Iliac Veins

Veins located in the pelvis that collect blood from the lower limbs and pelvic organs, draining into the inferior vena cava.

Served

To have provided a service or met a need, often in a context of food, legal documents, or information.

Pulmonary Trunk

A major blood vessel that transports deoxygenated blood from the right ventricle to the lungs.

Deoxygenated Blood

Blood that is rich in carbon dioxide and low in oxygen. It returns to the lungs for oxygenation.