Question 24 This Quiz: 100 pts possible Submit Quiz end of the month are provided below. Chaney Aircraft Service Co. started business on April 1, 2019. The company began business with $12,000 in cash and no other assets. During the first month of business, Chaney used a purchase journal and a cash payment journal. Those journals at the (Click the icon to view purchase journal.) (Click the icon to view cash payments journal.) Cash Payments Journal What was the accounts payable balance in the subsidiary ledger for Adams Equipment at the end of April? O A. $2,800 credit Other Accounts Date Cheque # Accounts Payable Accounts Debited OB. $0 Debit Debit ADE 4 302 Cash Credit Misc. Expense 5450 $450 O C. $2,200 credit 9 303 A1 Products 52,000 2000 O D. $5,000 debit 13 304 Adams Equip. Co. 5,000 5 0007 20 305 Misc. Expense 20 20 24 306 A1 Products 1,000 1,000 291 307 Clark Co 600 600 Total $470 $2.800 59 070 e Journal Print Done Supplier Account Accounts Inventory Supplier Other Accounts ate Credited Payable Debit Debit Debit Amount Apr. 2 A1 Products $2,000 $2.000 5 Adams Equip. Co 5,000 Equipment $4,100 11 A1 Products 1.000 1.000 15 Clark Co. 600 Repair expense 600 21 Adams Equip. Co. 2,200 Equipment 2.200 22 Martha Food Service 70 Misc. Expense 70 Tota $10.870 SO $3,000 $7,870 Time Remaining: 00 19 57 Submit Quiz Print Done