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The Accounts Payable has a forwarding credit balance from last month of $5,400. This month the accountant posted a $6,100 debit from the Cash Payments
The Accounts Payable has a forwarding credit balance from last month of $5,400. This month the accountant posted a $6,100 debit from the Cash Payments journal and a $2,700 credit from the Purchases Journal. The updated balance in the Accounts Payable after these postings is
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