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Calculate the balance in the accounts receivable account

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Question - At the beginning of January of the current year, Thomas Law Center's ledger reflected a normal balance of $52,000 for accounts receivable. During January, the company collected $14,800 from customers on account and provided additional services to customers on account totaling $12,500. Additionally, during January one customer paid Thomas $5,000 for services to be provided in the future. At the end of January, calculate the balance in the accounts receivable account?

a. $54,300.

b. $2,300.

c. $54,700.

d. $49,700.

e. $49,300.

Reference no: EM132572364

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