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At the beginning of January of the current year, Thomas Law Center's ledger reflected a normal balance of $54,400 for accounts receivable. During January,
At the beginning of January of the current year, Thomas Law Center's ledger reflected a normal balance of $54,400 for accounts receivable. During January, the company collected $17,200 from customers on account and provided additional services to customers on account totaling $13,700. Additionally, during January one customer paid Thomas $6,200 for services to be provided in the future. At the end of January, the balance in the accounts receivable account should be: Multiple Choice $57,900. $51,700. $50,900. $3.500.
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