Question

The accounts receivable account has a beginning balance of $10,000 and the company provides services of $50,000 on account during the month. the ending balance was $12,000. how much did the company receive from customers during the month? $50,000. $52,000. $48,000. $62,000.

Answer 1

Beginning balance 10000
Add service on account 50000
Less ending balance 12000

Received from customers
10,000+50,000−12,000=48,000

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