At December 1, 2020, Dubois Company's accounts receivable balance was $1,300. During December, Dubois had credit sales of $7,400 and collected accounts receivable of $6,000. At December 31, 2020, the accounts receivable balance is

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1. Beginning accounts receivable = $1,300
2. Credit sales during December = $7,400
3. Total accounts receivable to collect = (beginning accounts receivable + credit sales) = $8,700
4. Collections made during December = $6,000
5. Accounts receivable balance at December 31, 2020 = (total accounts receivable to collect - collections made during December) = $2,700 debit.

At December 1, 2020, Dubois Company's Accounts Receivable Balance Was