Accounts Receivable Account Has a Beginning Balance of $10,000 and the Company

question 106

Multiple Choice

Accounts Receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account during the month. The ending balance was $12,000. How much did the company receive from customers during the month?

• A) $50,000.
• B) $52,000.
• C) $48,000.
• D) $62,000.

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Definitions:

Fat Deposits

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Immune System

The body’s complex network of cells, tissues, and organs that work together to defend against foreign substances, pathogens, and diseases.

Stillborn Death

The occurrence of a baby being born dead after 24 weeks of pregnancy.

Gestation

Period of development between conception and birth.