Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please make sure answer is correct, thanks. Managerial Accounting Saved Help Save & Exit Subm The accounts payable balance at the beginning of the year

please make sure answer is correct, thanks. image text in transcribed
Managerial Accounting Saved Help Save & Exit Subm The accounts payable balance at the beginning of the year was $89,000. The company purchased $400,000 worth of goods on account, and the ending balance of the payables account was $90,000. What were the total payments on account? Multiple Choice $454,000 $469,000 $539.000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

Be aware of three key trends in communications and networking

Answered: 1 week ago

Question

What is empathy? Describe how it is related to prejudice.

Answered: 1 week ago

Question

f. Did they change their names? For what reasons?

Answered: 1 week ago