Accounts Payable had a balance of $9,100 at the beginning of the month.During the month,three debits in the amounts of $2,350,$5,650,and $7,400 were posted to Accounts Payable,and three credits in the amounts of $1,800,$4,750,and $6,350 were posted to Accounts Payable.What is the ending balance of the Accounts Payable account?
A)$6,600
B)$2,500
C)$11,600
D)$24,500

Question

Quizplus · Accepted Answer

Accounts Payable,a liability account,has a normal credit balance.The beginning credit balance of $9,100 − Debits of ($2,350 + $5,650 + $7,400)+ Credits of ($1,800 + $4,750 + $6,350)= Ending credit balance of $6,600.

Accounts Payable Had a Balance of $9,100 at the Beginning