Accounts Payable Had a Normal Starting Balance of $600

question 98

Multiple Choice

Accounts Payable had a normal starting balance of $600. There were debit postings of $350 and credit postings of $200 during the month. The ending balance is

• A) $750 credit.
• B) $750 debit.
• C) $450 debit.
• D) $450 credit.

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Definitions:

Biweekly

Every two weeks.

Algebraically

Pertaining to the use of symbols and the rules for manipulating those symbols in mathematics to solve equations or express formulas.

Percent Discount

A reduction from the original price of an item or service, typically expressed as a percentage of the original price.

Job Listings

Advertisements or postings that outline available job positions, typically including job requirements and how to apply.