Reference no: EM133112941

Question - What would be the account balance in Accounts Receivable after the following transactions, assuming a zero beginning balance in Accounts Receivable? (Hint: Use a T account to track which transactions impact accounts receivable.)

Performed services and left a bill (invoice) with the customer $4,200

Performed services and collected immediately $3,500

Performed services and billed the customer $2,200

Received payment for a service to be performed next month $3,000

Performed services on account $6,000

Received partial payment on account (for a prior service) $1,500