Multiple Choice
If Accounts Receivable has debit postings of $29,000, credit postings of $22,000, and a normal ending balance of $24,000, which of the following was its beginning balance?
A) $31,000 Dr.
B) $17,000 Dr.
C) $17,000 Cr.
D) $31,000 Cr.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q29: Recording an account with a debit balance
Q74: A transposition error will cause the trial
Q75: To find an explanation of a transaction,
Q78: Here is the trial balance for McLeary
Q82: Revenue should be recorded when it has
Q83: By what amount, if any, would each
Q84: Which of the following accounts has a
Q100: The general journal does not have a
Q132: The cost principle is a solution to
Q144: Amalgamated Campus Stores,Inc.(ACS)employed student representatives to market