The Accounts Receivable Account Has a Beginning Balance of $10,000

question 14

Multiple Choice

The 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.

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Definitions:

Interact

To act in such a manner as to have an effect on another; in biology, it often refers to the way biological entities, such as molecules or organisms, affect each other.

Interdependent

The reciprocal relationship between entities where each depends on the other, leading to a situation where their interactions significantly influence their viability or functionality.

Systems Biology

A field of biology that synthesizes knowledge of many small parts to understand the whole. Also referred to as integrative biology or integrative systems biology.

Integrative Biology

A field of biology that focuses on the integration of diverse scientific disciplines to understand biological complexity at various levels, from molecules to ecosystems.