The Accounts Payable account has total debit postings of $900 and credit postings of $1,500.The balance is:

Question

Quizplus · Accepted Answer

To find the balance of the Accounts Payable account, we need to subtract the total credit postings from the total debit postings:

$900 (debit) - $1,500 (credit) = -$600 (credit)

Since the result is negative, it means that the account has a credit balance of $600. Therefore, the correct answer is B) $600 credit.

The Accounts Payable Account Has Total Debit Postings of $900