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The Balance in Locksome Company's Accounts Payable Account at December

Question 86

Multiple Choice

The balance in Locksome Company's accounts payable account at December 31,2014,was $1,100,000 before considering the following information: 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 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

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