The Accounts Receivable account of Rosewood,Inc.has the following postings: $$\begin{array}{l}
\text { Accounts Receivable }\
\hline\begin{array} { r | l }
21,000 & 2,000 \
2,000 &
\end{array}
\end{array}$$ Calculate the ending balance of the account.

Question

The Accounts Receivable account of Rosewood,Inc.has the following postings: $$\begin{array}{l}
\text { Accounts Receivable }\
\hline\begin{array} { r | l } 
21,000 & 2,000 \
2,000 &
\end{array}
\end{array}$$ Calculate the ending balance of the account.

Quizplus · Accepted Answer

The ending balance of the account is $21,000 debit. This is because the total debits to the account ($21,000 + $2,000) exceed the total credits to the account ($2,000).

The Accounts Receivable Account of Rosewood,Inc Accounts Receivable 21,0002,0002,000\begin{array}{l}\text { Accounts Receivable }\\\hline\begin{array} { r | l } 21,000 & 2,000 \\2,000 &\end{array}\end{array} Accounts Receivable 21,0002,000​2,000​​​

The Accounts Receivable Account of Rosewood,Inc $\begin{array}{l}\text { Accounts Receivable }\\\hline\begin{array} { r | l } 21,000 & 2,000 \\2,000 &\end{array}\end{array}$