Multiple Choice
At December 1, 2014, Gibson Company's accounts receivable balance was €2,400. During December, Gibson had credit revenues of €10,000 and collected accounts receivable of €8,000. At December 31, 2014, the accounts receivable balance is
A) €2,400 debit.
B) €4,400 debit.
C) €12,400 debit.
D) €4,400 credit.
Correct Answer:
Verified
Correct Answer:
Verified
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