Accounts Payable May 2 5,500 20,000 May 1 May 22 11,500 1,100 May 5 4,500 May 15 300 May 23 Calculate the Accounts Payable balance. (Enter the balance, along with a "Bal." reference on the correct side of the T-account.) Accounts Payable May 2 5,500 20,000 May 1 May 22 11,500 1,100 May 5 4,500 May 15 300 May 23