The Accounts Receivable balance would appear in which column of the worksheet
A) Income Statement, DR
B) Income Statement, CR
C) Balance Sheet, DR
D) Balance Sheet, CR

Name: The Accounts Receivable balance would appear in which column of the worksheet A) Income Statement, DR B) Income Statement, CR C) Balance Sheet, DR D) Balance Sheet, CR
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Question

Quizplus · Accepted Answer

Accounts Receivable is an asset account and would appear on the balance sheet in the debit column, reflecting its nature as a resource owned by the company.

The Accounts Receivable Balance Would Appear in Which Column of the Worksheet