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34) At the beginning of January of the current year, Little Mikey's Catering ledger reflected 34) a normal balance of $52,000 for accounts receivable. During

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34) At the beginning of January of the current year, Little Mikey's Catering ledger reflected 34) a normal balance of $52,000 for accounts receivable. During January, the company collected $14.800 from customers on account and provided additional services to customers on account totaling $12,500. Additionally, during January one customer paid Mikey $5,000 for services to be provided in the future. At the end of January, the balance in the accounts receivable account should be: A) $49,700. B) $2,300 C) $54,700 D) S54,300 E) $49,300

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