I am having some trouble fully understanding how to calculate the accounts payable balance. Any help you could provide.

Do Homework - Aaron Herbert - Mozilla Firefox https://www.mathxl.com/Student/PlayerHomework.aspx?homeworkld=513606071&questionld=8&flushed=false&cld= MGMT_210_JAN_2019_0004_Colpitts Aaron Herbe Homework: 1.7 - Homework: MyAccountingLab TM Hom Score: 0 of 8 pts 8 of 11 (7 complete) HV S2-4 (similar to) Accounts Payable May 2 4,500 12,000 May 1 May 22 10,000 1,200 May 5 5,500 May 15 550 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 4,500 12,000 May 1 May 22 10,000 1,200 May 5 5,500 May 15 550 May 23 Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All F8 FS F10 F11 F12 PrtSc Sys Rq Insert ScrLk Delete 8 9 Backspace P