Below is one of the t-accounts ABC Inc. has. Accounts Receivable 2500 300 700 50 925...

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Below is one of the t-accounts ABC Inc. has. Accounts Receivable 2500 300 700 50 925 Question: What is the accounts balance? Answer: It has a + account balance of $

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Answer 1

Answer #1

Calculate ending account balance :

Ending account balance = 2500+300-700-50+925 = $2975

It has a ending account balance of $2975

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Answer 2

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