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Multiple Choice Question 138 The balance in Bramble Corp.'s accounts payable account at December 31, 2017 was $973000 before any necessary year-end adjustments relating to

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Multiple Choice Question 138 The balance in Bramble Corp.'s accounts payable account at December 31, 2017 was $973000 before any necessary year-end adjustments relating to the following: Goods were in transit to Bramble from a vendor on December 31, 2017. The invoice cost was $40000. The goods were shipped f..b. shipping point on December 29, 2017 and were received on January 4, 2018. . Goods shipped f..b. destination on December 21, 2017 from a vendor to Bramble were received on January 6, 2018. The invoice cost was $25000 On December 27, 2017, Bramble wrote and recorded checks to creditors totaling $30000 that were mailed on January 10, 2018 In Bramble's December 31, 2017 balance sheet, the accounts payable should be $1003000 $1038000 $1013000 $1043000

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