Accounts Payable 6,000 21,000 May 1 500 May 5 May 2 May 22 11,500 8,500 May 15 500 May 23

Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter14: Financial Statement Analysis
Section: Chapter Questions
Problem 14.7BE
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Calculating the balance of a T-account

Calculate the Accounts Payable balance.

Accounts Payable
6,000 21,000 May 1
500 May 5
May 2
May 22 11,500
8,500 May 15
500 May 23
Transcribed Image Text:Accounts Payable 6,000 21,000 May 1 500 May 5 May 2 May 22 11,500 8,500 May 15 500 May 23
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