The Balance in Accounts Receivable at the Beginning of 2013

question 143

Multiple Choice

The balance in accounts receivable at the beginning of 2013 was $300. During 2013, $1,600 of credit sales were recorded. If the ending balance in accounts receivable was $250 and $100 in accounts receivable were written off during the year, the amount of cash collected from customers during 2013 was:

• A)$1,600.
• B)$1,650.
• C)$1,550.
• D)$1,900.

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Definitions:

Electrocardiogram

A diagnostic test that measures the electrical activity of the heart to identify various heart conditions.

Clear And Legible

Easily readable and understandable, often referring to handwriting or print.

ECG Lead

The use of electrodes on the body to record the electrical activity of the heart from different angles, part of an electrocardiogram.

Voltage Difference

The measure of electric potential between two points, which drives the flow of electric current in a circuit.