Question
Morton Inc's February purchases on account were $100,000. February cash payments to vendors were $80,000. the Accounts Payable balance on February 29, 2020 was $30,000.
Morton Inc's February purchases on account were $100,000. February cash payments to vendors were $80,000. the Accounts Payable balance on February 29, 2020 was $30,000. What was the balance of Accounts Payable on January 31, 2020?
Group of answer choices
50,000
210,000
150,000
10,000
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
1285868781, 978-1285868783
