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On January 31, Harrington Corporation, a consulting company, had accounts receivable in the amount of $10,000, During February, payments from customers on account totaled $5,000. At the end of February, Harrington had accounts receivable in the amount of $12,000. What was the amount of consulting services provided to customers on credit during the month of February? A. $2,000 B. $3,000 C. $7,000 D. $27,000 E. Cannot be determined

On January 31, Harrington Corporation, a consulting company, had accounts receivable in the amount of $10,000, During February, payments from customers on account totaled $5,000. At the end of February, Harrington had accounts receivable in the amount of $12,000. What was the amount of consulting services provided to customers on credit during the month of February? A. $2,000 B. $3,000 C. $7,000 D. $27,000 E. Cannot be determined

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 5EB: Catherines Cookies has a beginning balance in the Accounts Receivable control total account of...
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On January 31, Harrington Corporation, a consulting company, had accounts receivable in the amount of $10,000, During February, payments from customers on account totaled $5,000. At the end of February, Harrington had accounts receivable in the amount of $12,000. What was the amount of consulting services provided to customers on credit during the month of February? A. $2,000 B. $3,000 C. $7,000 D. $27,000 E. Cannot be determined
Transcribed Image Text:On January 31, Harrington Corporation, a consulting company, had accounts receivable in the amount of $10,000, During February, payments from customers on account totaled $5,000. At the end of February, Harrington had accounts receivable in the amount of $12,000. What was the amount of consulting services provided to customers on credit during the month of February? A. $2,000 B. $3,000 C. $7,000 D. $27,000 E. Cannot be determined
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