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12. At November 1, 20XX, Johnson Inc. had an Accounts Receivable balance of $200,000. During the month, the company made sales on account of $300,000.

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12. At November 1, 20XX, Johnson Inc. had an Accounts Receivable balance of $200,000. During the month, the company made sales on account of $300,000. In addition, Johnson Inc. collected $400,000 from customers that owed them money. At November 30, 2018, the Accounts Receivable balance is a. $100,000 debit b. $100,000 credit c. $500,000 debit d. $300,000 credit

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