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Swifty Manufacturing Company has furnished the following information which occurred during May: Accounts Payable balance at April 30 $ 28400 Purchases on account during May
Swifty Manufacturing Company has furnished the following information which occurred during May:
Accounts Payable balance at April 30 | $ 28400 |
Purchases on account during May | 149400 |
Cash payments for materials purchased in April | 82400 |
Cash payments for materials purchased in May | 76600 |
The accounts payable account is used only for direct materials. How much will Swifty report as accounts payable on the balance sheet at the end of May?
$18800
$101200
$9600
$13000
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