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Financi the month, the company made purchases on account of $25,000 and made payments n Aur or 40000. At October 31, 2016, the accounts payable

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Financi the month, the company made purchases on account of $25,000 and made payments n Aur or 40000. At October 31, 2016, the accounts payable balance is: 25. At October 1, 2016, Deet Industries had an accounts payable balance of $30,000, A) $30,000. B) $10,000, C) $15,000. D) $40,000. had revenues of $60,000 and of $18,000. What is the total of 26. During 2016, its first year of operations, Jane's Bakery expenses of $33,000. The business had paid dividends retained earnings at December 31, 2016? A) S0 B) $18,000 debit. The usness s Jane's Bakery C) $9,000 credit. D) $27,000 credit. 27. On July 7, 2016, Reethink Enterprises performed cash services of $1,400. The entry to record this transaction would include: A) a debit to Service Revenue of $1,400. B) a credit to Accounts Receivable of $1,400. C) a debit to Cash of $1,400. D) a credit to Accounts Payable of $1,400. 28. At September 1, 2016, Foli Co. reported retained earnings of $136,000. During the month, Foli generated revenues of $20,000, incurred expenses of $12,000, purchased equipment for 5,000 and paid dividends of $2,000. What is the amount of retained earnings at September 30, 2016? A) $136,000 B) $8,000. C) $137,000. D) $142,000

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