Multiple Choice
The account "Accounts Receivable" began with a zero balance and then had the following changes: increase of $625,decrease of $175,increase of $250 and increase of $125.The final balance is a:
A) credit balance of $825.
B) debit balance of $825.
C) credit balance of $1,175.
D) debit balance of $1,175.
Correct Answer:

Verified
Correct Answer:
Verified
Q87: The account "Notes Payable" began with a
Q89: A company has a ten million dollar
Q89: The trial balance:<br>A)lists only the accounts, with
Q90: A T-account has a $388 credit balance.This
Q94: A T-account has a $382 debit balance.This
Q95: Able and Sons,Inc.purchases a building for $35,000
Q101: The _ indicates where the information originated
Q103: Revenues, Accounts Receivable, and Common Stock have
Q115: A T-account is a way to visualize
Q139: The purpose of the trial balance is