On January 1,2017,the Accounts Receivable of Martha Company Had a Debit

question 194

Multiple Choice

On January 1,2017,the Accounts Receivable of Martha Company had a debit balance of $190,000.During January,the company provided services for $400,000 on account.The company collected $240,000 from its customers on account in January.What was the ending balance in the Accounts Receivable account at the end of January?

• A) $160,000
• B) $590,000
• C) $350,000
• D) $400,000

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