In reviewing the T-account for Accounts Receivable, you find that the beginning balance is zero, the total increases are $5,200 and the total decreases are $2,400. This means that the ending balance of the account is a credit balance of $2,800.

Question

Quizplus · Accepted Answer

The ending balance would be a debit balance of $2,800 ($5,200 increases - $2,400 decreases), as Accounts Receivable is an asset account and increases are recorded as debits.

In Reviewing the T-Account for Accounts Receivable, You Find That