Accounts payable at the end of December would be:

A) $231,000
B) $96,000
C) $135,000
D) $240,000

Question

Accounts payable at the end of December would be:A) $231,000B) $96,000C) $135,000D) $240,000

jessica farag · Accepted Answer

Final Answer : A, Explanation :    Since purchases are paid in the month following purchase, the accounts payable at the end of December should be $231,000.

Accounts payable at the end of December would be:

A) $231,000
B) $96,000
C) $135,000
D) $240,000

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