16. At December 1, 2017, Stanford Company’s accounts receivablebalance was $2,500. During December, Stanford had credit revenuesof $7,000 and collected accounts receivable of $3,500. At December31, 2017, the accounts receivable balance is
a. $6,000 debit.
b. $6,600 debit.
c. $6,000 credit.
d. $6,600 credit.

18. Which of the following journal entries is recorded correctlyand in the standard format?

a. Salaries and Wages Expense 500
Cash 1,500
Advertising Expense . 1,000

b. Salaries and Wages Expense 500
Advertising Expense 1,000
Cash . 1,500

c. Salaries and Wages Expense . 500
Advertising Expense . 1,000
Cash 1,500

d. Cash 1,500
Salaries and Wages Expense 500
Advertising Expense 1,000