Accounts Payable had a normal starting balance of $600. There were debit postings of $350 and credit postings of $200 during the month. The ending balance is
A) $750 credit.
B) $750 debit.
C) $450 debit.
D) $450 credit.

Question

Quizplus · Accepted Answer

Starting balance = $600
Add debits = $350
Subtract credits = $200

Ending balance = $600 + $350 - $200 = $750

Since the credits were less than the debits, the ending balance is a credit balance of $750. Therefore, the correct answer is D) $450 credit.

Accounts Payable Had a Normal Starting Balance of $600