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The Accounts Receivable Account Has a Zero Opening Balance, Total

Question 48

Multiple Choice

The Accounts Receivable account has a zero opening balance, total debit postings of $1,700 and credit postings of $900. The balance of the account is


A) $800 debit.
B) $800 credit.
C) $2,600 credit.
D) $2,600 debit.

Correct Answer:

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