What would be the account balance in the accounts receivable ledger account after the following transactions?
$$\begin{array} { | l | r | }
\hline \text { Performed services and left a bill } & \$ 4,200 \
\hline \text { Performed services and collected immediately } & \$ 3,500 \
\hline \text { Performed services and billed customer } & \$ 2,200 \
\hline \text { Performed services on account } & \$ 6,000 \
\hline \text { Received partial payment on account } & \$ 1,500 \
\hline
\end{array}$$

Question

What would be the account balance in the accounts receivable ledger account after the following transactions?
$$\begin{array} { | l | r | } 
\hline \text { Performed services and left a bill } & \$ 4,200 \
\hline \text { Performed services and collected immediately } & \$ 3,500 \
\hline \text { Performed services and billed customer } & \$ 2,200 \
\hline \text { Performed services on account } & \$ 6,000 \
\hline \text { Received partial payment on account } & \$ 1,500 \
\hline
\end{array}$$

Quizplus · Accepted Answer

The account balance in the accounts receivable ledger account is calculated by adding the amounts billed on account and subtracting any payments received. The transactions that affect accounts receivable are: $4,200 (left a bill), $2,200 (billed customer), $6,000 (on account), and subtracting $1,500 (partial payment received). This results in a balance of $10,900.

What Would Be the Account Balance in the Accounts Receivable