A Creditor's Account in the Accounts Payable Ledger Has a $1,600

question 79

Multiple Choice

A creditor's account in the accounts payable ledger has a $1,600 beginning balance. After a transaction for $700 is posted from the purchases journal, the balance of the creditor's account is:

• A)$900 credit.
• B)$2,300 debit.
• C)$2,300 credit.
• D)$900 debit.

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