The balance in Locksome Company's accounts payable account at December 31,2014,was $1,100,000 before considering the following information:
What amount should Locksome report as accounts payable in its December 31,2014,balance sheet?
A) $1,120,000
B) $1,115,000
C) $1,085,000
D) $1,065,000
Correct Answer:
Verified
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