Kizspy | Question: 21
(Choose 1 answer)
(1048) At the beginning of January of the current year, a Law company has a normal balance of $50,000
for accounts receivable. During January, the company collected $14,000 from customers and provided
additional services to customers on account totaling $12,000. Additional, company used service of $1,000 on
credit. At the end of January, the balance in the accounts receivable account should be:
A. $49,000.
B. $48,000.
C. $36,000
D. $26,000
E. $76,000
