At October 1, 2017, Metz Industries Had an Accounts Payable

question 67

Multiple Choice

At October 1, 2017, Metz Industries had an Accounts Payable balance of $140,000. During the month, the company made purchases on account of $100,000 and made payments on account of $160,000. At October 31, 2017, the Accounts Payable balance is

• A)$140,000 debit
• B)$20,000 credit
• C)$80,000 credit
• D)$160,000 credit

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The specific goals a company aims to achieve through its advertising campaigns, such as increasing brand awareness or boosting sales.

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