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answer both please accounting review help Accounts receivable has an ending balance of $120,000, Sales on account wore $520,000 and the beginning balance in Accounts

answer both please accounting review help
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Accounts receivable has an ending balance of $120,000, Sales on account wore $520,000 and the beginning balance in Accounts receivable is $150,000. What were collections on account? $550,000$490,000$500,000$350,000 Which of the following statements is true: An adjusted trial balance is created after a post-closing trial balance A trial balance is the same as a balance sheet A trial balance is an official statement that is presented to a company's shareholders and lenders: Unadjusted, adjusted and post-closing are three types of trial balances

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