The Accounts Receivable account has a beginning balance of $52,000 and an ending balance of $69,000. If $42,000 was sold on account during the year, what were the total collections on account?
A) $25,000
B) $59,000
C) $69,000
D) $79,000

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The Answer of The Accounts Receivable account has a beginning balance of $52,000 and an ending balance of $69,000. If $42,000 was sold on account during the year, what were the total collections on account?
A) $25,000
B) $59,000
C) $69,000
D) $79,000

The Accounts Receivable Account Has a Beginning Balance of $52,000