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accounting question ..reply ASAP The following information is available for Royal Corp. for 2020. Accounts payable, beginning: $14,000; Cash payments on account during year: $7,000;

accounting question ..reply ASAP

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The following information is available for Royal Corp. for 2020. Accounts payable, beginning: $14,000; Cash payments on account during year: $7,000; Purchase discounts taken.during year on 2020 purchases: $1,200; Purchases: $10,000. Assuming that all purchases are made on account, accounts payable at the end of the year are $24,000. $17,000. $22,800. $15,800. Page 14 of 30

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