Answer :
For June 30, its accounts receivable balance was $4222, according to the document.
What is debit and credit?
Every credit entry reflects a value transfer from the account, whereas a debit entry reflects an exchange of value to the account. Each transaction involves the movement of money from credited to debited accounts. about when you deposit a check, for instance. The sum of the debits and credits must be equal. Synonyms: settlement, payment, obligation, debt More Debit Synonyms.
Briefing:
The following table shows the balance of the control account for accounts receivable:
= Total sales minus cash receipts journal + debit balance of accounts payable control account
= $779+ $4,335- 892
= $338,10
= $4222
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