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What was the accounts receivable balance

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Question - ERA Company's controller accidentally erased the 3/1/22 balance for the Accounts Receivable account. However, she can see that the 3/31/22 Accounts Receivable balance is $500,000, the company provided services worth $1,500,000 on account during March 2022, and collected $1,800,000 cash related to accounts receivable during March 2022. What was the 3/1/22 Accounts Receivable balance?

1. $300,000

2. $400,000

3. $800,000

4. $1,300,000

Reference no: EM133168435

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