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Scilla [17]
3 years ago
7

At December 1, 2017, Swifty Company's Accounts Receivable balance was $12770. During December, Swifty had credit sales of $34200

and collected accounts receivable of $27360. At December 31, 2017, the Accounts Receivable balance is:
A. $19,610 credit
B. $1 debit
C. $46,970 debit
D. $19,610 debit
Business
1 answer:
daser333 [38]3 years ago
8 0

Answer:

D. $19,610 debit

Explanation:

closing receivable =opening receivable +credit sale-amount collected

Closing receivable=12770+34200-27360

Closing recievable=19610 debit balance

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