Accounts Payable had a balance of $18,200 at the beginning of the month. During the month, three debits in the amounts of $4,700, $11,300, and $14,800 were posted to Accounts Payable, and three credits in the amounts of $3,600, $9,500, and $12,700 were posted to Accounts Payable. What is the ending balance of the Accounts Payable account?

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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Accounts Payable had a balance of $18,200 at the beginning of the month. During the month, three debits in the amounts of $4,700, $11,300, and $14,800 were posted to Accounts Payable, and three credits in the amounts of $3,600, $9,500, and $12,700 were posted to Accounts Payable. What is the ending balance of the Accounts Payable account?

 

Multiple Choice
  •  
    $49,000.
  •  
    $13,200.
  •  
    $5,000.
  •  
    $23,200.
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