On January 1,2017,the Accounts Receivable of Martha Company had a debit balance of $190,000.During January,the company provided services for $400,000 on account.The company collected $240,000 from its customers on account in January.What was the ending balance in the Accounts Receivable account at the end of January?
A) $160,000
B) $590,000
C) $350,000
D) $400,000

Question

Quizplus · Accepted Answer

C) Ending balance as of January 31, 2017, in 11ea8873_d452_e39b_bb89_c3d236fa3911_TB5026_00 Debits - Credits 11ea8873_d452_e39c_bb89_457237f295d9_TB5026_00

On January 1,2017,the Accounts Receivable of Martha Company Had a Debit