Question: Entity J uses US GAAP and the direct method for operating activities in its statement of cash flows. For the following item, indicate on which

Entity J uses US GAAP and the direct method for operating activities in its statement of cash flows. For the following item, indicate on which financial statement, it would appear: Unearned revenues O Multi-step income statement O Classified balance sheet Retained earnings statement Statement of cash flows O Not on any financial statement QUESTION 19 On June 1, 2022, Entity F reported a balance in accounts receivable of $5,000. During June, the company received cash payments from customers on account of $11,000 and sold merchandise on account to customers for $15,000. What is the accounts receivable balance at the end of June? Hint: Prepare a T account. O $9,000 debit balance. $9,000 credit balance. $1,000 credit balance. $1,000 debit balance

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