Practice prompt · Q:transactions-to-statements/receivable-normal-balance-002

Ending balance in Accounts Receivable

Use debit and credit activity to compute an ending receivable balance.

Updated Aug 30, 2026 Review due Nov 30, 2026

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Marsh Studio begins with a $2,400 debit balance in Accounts Receivable. It provides $5,100 of additional services on credit and later collects $3,000 from customers. What is the ending balance in Accounts Receivable?

Choose the best answer. A $4,500 debit balance. B $4,500 credit balance. C $10,500 debit balance. D $600 credit balance.

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Answer: A

Accounts Receivable begins with a $2,400 debit balance. The $5,100 service on credit increases it with a debit, and the $3,000 collection reduces it with a credit. The ending balance is $4,500 debit.