Multiple Choice
At December 1, 2010, Gibson Company's accounts receivable balance was $1,200. During December, Gibson had credit revenues of $5,000 and collected accounts receivable of $4,000. At December 31, 2010, the accounts receivable balance is
A) $1,200 debit.
B) $2,200 debit.
C) $6,200 debit.
D) $2,200 credit.
Correct Answer:

Verified
Correct Answer:
Verified
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