Question
A corporation has the following account balances on September 30, 2015. Cash $500;Accounts Receivable $4,200;Unused Supplies $200;Advertising Expense $450;Interest Expense, $400;Supplies Used $240;Wages Expense $2,200;Service
A corporation has the following account balances on September 30, 2015. Cash $500;Accounts Receivable $4,200;Unused Supplies $200;Advertising Expense $450;Interest Expense, $400;Supplies Used $240;Wages Expense $2,200;Service Revenue $8,000. What is the balance of Accounts Payable?
a.
$16,190 credit
b.
$290 credit
c.
$190 credit
d.
$1,900 debit
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Financial Accounting A Critical Approach
Authors: John Friedlan
3rd Edition
0070967601, 978-0070967601
