At June 1st, 2012, M Industries had an Accounts Receivable balance of $15,000. During the month, the company had credit sales of $25,000 and collected Accounts Receivable of $27,000. What is the balance in Accounts Receivable at June 30, 2012? At June 1st, 2012, M Industries had an Accounts Receivable balance of $15,000. During the month, the company had credit sales of $25,000 and collected Accounts Receivable of $27,000. What is the balance in Accounts Receivable at June 30, 2012? Solution Balance in Accounts Receivable at June 30, 2012 = $15,000 + $25,000 - $27,000 = $13,000 .