Question
The Accounts Receivable account of Folklore Company started off the beginning of the month of April with a normal balance of $57,000. During the month
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The Accounts Receivable account of Folklore Company started off the beginning of the month of April with a normal balance of $57,000. During the month of April, the account was debited for a total of $83,500 and credited for a total of $68,500. What is the balance in the Accounts Receivable account now on April 30th?
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$23,000 debit balance
-
$72,000 debit balance
-
$72,000 credit balance
-
$53,000 debit balance
-
The Accounts Receivable account of Folklore Company started off the beginning of the month of April with a normal balance of $57,000. During the month of April, the account was debited for a total of $83,500 and credited for a total of $68,500. What is the balance in the Accounts Receivable account now on April 30th?
-
$23,000 debit balance
-
$72,000 debit balance
-
$72,000 credit balance
-
$53,000 debit balance
The Accounts Receivable account of Folklore Company started off the beginning of the month of April with a normal balance of $57,000. During the month of April, the account was debited for a total of $83,500 and credited for a total of $68,500. What is the balance in the Accounts Receivable account now on April 30th?
$23,000 debit balance
$72,000 debit balance
$72,000 credit balance
$53,000 debit balance
The Accounts Receivable account of Folklore Company started off the beginning of the month of April with a normal balance of $57,000. During the month of April, the account was debited for a total of $83,500 and credited for a total of $68,500. What is the balance in the Accounts Receivable account now on April 30th?
$23,000 debit balance
$72,000 debit balance
$72,000 credit balance
$53,000 debit balance
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Global Marketing
Authors: Svend Hollensen
8th Edition
1292251808, 9781292251806
