At December 1, 2016, Cursive Company's accounts receivable balance was $1200. During December, Cursive has a credit revenue of $4800 and collected accounts receivable at $4000. At December 31, 2016, the accounts receivable balance.

A. $400 debit
B. $2,000 debit
C. $400 credit
D. $2,000 credit

Answer: B. $2,000 debit

Business

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