On May 31, Charlotte Company had an Accounts Payable balance of $57,000. During the month of June, total credits to Accounts Payable were $34,000, which resulted from purchases on credit. The June 30 Accounts Payable balance was $7,000. What was the amount of payments made during June?
A) $32,000
B) $34,000
C) $57,000
D) $59,000
E) $84,000

Question

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The Answer of On May 31, Charlotte Company had an Accounts Payable balance of $57,000. During the month of June, total credits to Accounts Payable were $34,000, which resulted from purchases on credit. The June 30 Accounts Payable balance was $7,000. What was the amount of payments made during June?
A) $32,000
B) $34,000
C) $57,000
D) $59,000
E) $84,000

On May 31, Charlotte Company Had an Accounts Payable Balance