A company has four vendors and the accounts payable subsidiary ledger shows the following balances. $$\begin{array} { | l | r | }
\hline \text { Alpha } & \$ 278,821 \
\hline \text { Beta } & 157,474 \
\hline \text { Gamma } & 83,943 \
\hline \text { Delta } & 44,187 \
\hline
\end{array}$$ Calculate the accounts payable balance in the general ledger.
A) $436,295
B) $564,425
C) $278,821
D) $285,604

Question

A company has four vendors and the accounts payable subsidiary ledger shows the following balances. $$\begin{array} { | l | r | } 
\hline \text { Alpha } & \$ 278,821 \
\hline \text { Beta } & 157,474 \
\hline \text { Gamma } & 83,943 \
\hline \text { Delta } & 44,187 \
\hline
\end{array}$$ Calculate the accounts payable balance in the general ledger.
A) $436,295
B) $564,425
C) $278,821
D) $285,604

Quizplus · Accepted Answer

The accounts payable balance in the general ledger is the sum of the balances owed to all vendors: $278,821 + $157,474 + $83,943 + $44,187 = $564,425.

A Company Has Four Vendors and the Accounts Payable Subsidiary