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Yellow Company Had a Balance of $33,000 in Accounts Payable

question 159

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Yellow Company had a balance of $33,000 in Accounts Payable at the beginning of June, and purchased $101,000 of merchandise on account during the month. At the end of June, Yellow's Account Payable balance was $29,000. What amount did Yellow pay on account during June?


Definitions:

Irrelevant Information

Information that does not pertain to the current context or situation, lacking importance or relevance.

Sensory

Sensory relates to the senses or sensation, involving the reception and processing of visual, auditory, olfactory, tactile, and taste information.

Trace

To follow, study, or monitor the course or path of something; also pertains to a very small amount or indication of something.

Working

Engaging in physical or mental activity in order to achieve a purpose or result, typically in a job or profession.

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