Reconstructing a Beginning Account Balance During the month, services performed for customers on…
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Reconstructing a Beginning Account Balance
During the month, services performed for customers on account amounted to $7,500 and collections
from customers in payment of their accounts totaled $6,000. At the end of the month, the
Accounts Receivable account had a balance of $2,500. What was the Accounts Receivable balance
at the beginning of the month?
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