Yellow Company had a balance of $31,000 in Accounts Payable at the beginning of June,and purchased $104,000 of merchandise on account during the month.At the end of June,Yellow's Accounts Payable balance was $29,000.What amount did Yellow pay on account during June?
A)$44,000
B)$75,000
C)$104,000
D)$106,000

Question

Quizplus · Accepted Answer

$31,000 + $104,000 - $29,000 = $106,000

Yellow Company Had a Balance of $31,000 in Accounts Payable