the net accounts receivable: a) debit balances $52,000. b) credit balances $8,000. A/R net is 40,500
To find the net accounts receivable, you need to calculate the difference between the debit and credit balances.
In option a), the debit balances are $52,000, which means that there is a total of $52,000 owed by customers.
In option b), the credit balances are $8,000, which means that there is a total of $8,000 owed to customers.
To find the net accounts receivable, subtract the credit balance from the debit balance:
Net accounts receivable = Debit balances - Credit balances
Option a):
Net accounts receivable = $52,000 - $8,000
Net accounts receivable = $44,000
Option b):
Net accounts receivable = $52,000 - $8,000
Net accounts receivable = $44,000
Based on the provided information, the net accounts receivable is $44,000, not $40,500.