The following represents the T account for Account Receivable for the month of June 2020,...
90.2K
Verified Solution
Link Copied!
Question
Accounting
The following represents the T account for Account Receivable for the month of June 2020,
Accounts Receivable
| 1/6 | Service Revenue | $35,000 | 8/6 | Cash | $8,000 |
| 30/6 | Service Revenue | $15,000 | 15/6 | Cash | $15,000 |
The balance of accounts receivable to be included on the adjusted trial balance as at 30 June 2020 is;
a.
$15,000 Credit
b.
$50,000 Debit
c.
$23,000 Credit
d.
$27,000 Debit
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.