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At January 31, 2020, the balance in Marigold Inc.s account payable account was $620. During February, Marigold purchased supplies on credit of $970 and paid
At January 31, 2020, the balance in Marigold Inc.s account payable account was $620. During February, Marigold purchased supplies on credit of $970 and paid creditors $1115. At the end of February, the balance in the account payable account should be
$475 debit.
$475 credit.
$565 debit.
$765 credit.
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