R a Chap 9 Smook Financial Accounting ExtAssignment x of so Concepts completed Multiple Choice Question Acme Enterprises began the new year owing its suppliers $3,000 for merchandise purchased last year. Acme then sold half of this merchandise for $5,000 on account. Two weeks later, Acme paid its suppliers $1,000 and bought another $4,000 of merchandise on account. Acme now has an Accounts payable balance of O $4,500 ASU O $5,500 O $1,000 O $6,000 O $11,000 AS Confidence Level Concept 5 Read Resources Reading We SI e