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Within the accounts payable ledger of The Shoe Closet, a retail store, there are accounts for a number of suppliers as of the end
Within the accounts payable ledger of The Shoe Closet, a retail store, there are accounts for a number of suppliers as of the end of October, 20X1. One of these, Leather Sourcing, displays a beginning balance of $8,800, a purchase invoice for $5,000 on 10/5, a purchase invoice of $5,900 on 10/9, a credit memorandum of $1,200 on 10/17, a credit memorandum of $4,400 on 10/22, and a purchase invoice of $1,200 on 10/30. What is the ending balance within the accounts payable ledger account of Leather Sourcing on 10/31? Ending balance
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