The Accounts Receivable account of Brownstone Inc has the fo

The Accounts Receivable account of? Brownstone, Inc. has the following? postings:

Accounts Receivable

23 comma 00023,000??

??3 comma 0003,000

2 comma 0002,000??

Calculate the ending balance of the account.

A.

$ 28 comma 000$28,000

debit

B.

$ 25 comma 000$25,000

debit

C.

$ 22 comma 000$22,000

debit

D.

$ 3 comma 000$3,000

credit

Accounts Receivable
23 comma 00023,000??	??3 comma 0003,000
2 comma 0002,000??

Solution

Ending balance of the account = 23000+2000-3000 = $22000 debit Option C is correct