Current Attempt in Progress In the first month of operations, the total of the debit entries to the Accounts Receivable account was $1200 and the total of the credit entries to the Accounts Receivable account was $720. In the second month of operations, the total of the debit entries to the Accounts Receivable account was $240 and the total of the credit entries to the Accounts Receivable account was $600. At the end of the second month, the Accounts Receivable account has a O $120 credit balance. $120 debit balance. O $360 credit balance. $2760 debit balance