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If Accounts Payable Has Debit Postings of $34,000,credit Postings of $28,000,and

Question 99

Multiple Choice

If Accounts Payable has debit postings of $34,000,credit postings of $28,000,and a normal ending balance of $12,000,what was its beginning balance?


A) $18,000 Cr.
B) $6,000 Cr.
C) $18,000 Dr.
D) $6,000 Dr.

Correct Answer:

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