Given below is the Accounts Receivable T-account. Accounts receivable on January 1 was $1,700. During the year, customers charged on account sales totaling $255,000. The current year's cash received from customers is $250,000. Post all amounts to this account and calculate the account balance.

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The Answer of Given below is the Accounts Receivable T-account. Accounts receivable on January 1 was $1,700. During the year, customers charged on account sales totaling $255,000. The current year's cash received from customers is $250,000. Post all amounts to this account and calculate the account balance.

Given Below Is the Accounts Receivable T-Account