Solution-What the balance in the accounts payable account

What the balance in the accounts payable account on december

Reference no: EM132441692

Question - The following accounts and balances were drawn from the records of Your Company on December 31, 2018:

Cash	$6,000	Retained earnings	$9,000
Equipment	$8,000	Prepaid supplies	$1,000
Accounts Payable	$????	Notes Payable	$10,000
Common Stock	$2,000	Land	$7,500

What was the balance in the accounts payable account on December 31, 2018?

A. $6,000.

B. $4,500.

C. $3,500.

D. $11,500.

E. $1,500.

Reference no: EM132441692

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What the balance in the accounts payable account on december

Reference no: EM132441692

Reference no: EM132441692

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