Hamilton Manufacturing Company has furnished the following information: Note: The Accounts Payable account is used only for direct materials.
What was the balance in Hamilton's Accounts Payable account at the beginning of the 1st quarter?
A) $2000
B) $10 000
C) $22 000
D) $28 000

Question

Hamilton Manufacturing Company has furnished the following information:  Note: The Accounts Payable account is used only for direct materials.
What was the balance in Hamilton's Accounts Payable account at the beginning of the 1st quarter?
A) $2000 
B) $10 000 
C) $22 000 
D) $28 000

Quizplus · Accepted Answer

The Answer of Hamilton Manufacturing Company has furnished the following information:  Note: The Accounts Payable account is used only for direct materials.
What was the balance in Hamilton's Accounts Payable account at the beginning of the 1st quarter?
A) $2000 
B) $10 000 
C) $22 000 
D) $28 000

Hamilton Manufacturing Company Has Furnished the Following Information: Note