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The Accounts Payable account has a $4,600 credit balance. An entry for the payment of $1,800 on the amount owed is recorded and posted. The

The Accounts Payable account has a $4,600 credit balance. An entry for the payment of $1,800 on the amount owed is recorded and posted. The new balance of the Accounts Payable account is

Multiple Choice

  • a $6,400 debit balance.

  • a $6,400 credit balance.

  • a $2,800 debit balance.

  • a $2,800 credit balance.

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