The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is

Question

melamori03 [73]

3 years ago

8

The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is

a/an
A. $800 debit.
B. $800 credit.
C. $2,600 credit.
D. $2,600 debit.

Business

2 answers:

Flauer [41] · Answer 1 · 2022-05-02T01:22:32+03:00

Flauer [41]3 years ago

8 0

Hello there.

<span>The Accounts Receivable account has total debit postings of $1,900 and credit postings of $1,100. The balance of the account is a/an

Answer: </span><span>A. $800 debit.
</span>

igomit [66] · Answer 2 · 2022-05-02T03:34:46+03:00

Answer: $800 debit

Explanation:

For the Account receivable accounts

Total debit postings is $1,900

A debit is an accounting term for an entry made on the left side of an account, in mathematics in carries the negative sign that is -$1,900

For the credit postings we have $1,100.

A credit is an accounting term for an entry made on the right side of an account, it mathematics it carries the positive sign.

Since the debit postings is greater than the credit-posting we will have a debit balance the balance of the account is an $800 debit.

That is -$1,900+$1,100=-$800.

-$800 means $800 debit