If Accounts Payable Had a Balance of $18,200 at the Beginning

question 3

Multiple Choice

If Accounts Payable had a balance of $18,200 at the beginning of the month,and the six amounts shown below were posted to this account,what should be the ending balance?

• A)$13,200
• B)$5,000
• C)$23,200
• D)$49,000

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Definitions:

Goods

Items or products that are manufactured or produced for sale and consumption by consumers.

Costs

The value of resources used for producing goods or services, or the expenditure incurred in achieving a particular purpose.

Environmentally Harmful

Describes actions or processes that negatively affect the environment, leading to damage or degradation of natural resources.