A company paid

$1,300

of its accounts payable balance.\ Which of the following represents correctly the effect of this transaction using T-Accounts?\ (1)\

( Cash )/(1,300|

|)\ \\\\table[[Accounts Payable],[,1,300]]\ (2)\ Cash\ 1,300\ Accounts Payable\ (3)\ Accounts Payable\ (4)\

( Cash )/(1,300)

\

( Accounts Payable )/(1,300)

\ 1.(2)\ 2.(1)\ 3. (4)\ 4. (3)

A company paid $1,300 of its accounts payable balance. 3. (4) 4. (3)