During the Month of March,Harley's Computer Services Made Purchases on Account

question 89

Multiple Choice

During the month of March,Harley's Computer Services made purchases on account totaling $43,500.Also during the month of March,Harley was paid $8,000 by a customer for services to be provided in the future and paid $36,900 of cash on its accounts payable balance.If the balance in the accounts payable account at the beginning of March was $77,300,what is the balance in accounts payable at the end of March?

• A)$83,900.
• B)$91,900.
• C)$6,600.
• D)$75,900.
• E)$4,900.

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Definitions:

Contingency Thinking

A decision-making process that takes into account various possible situations or outcomes and plans accordingly.

Total Quality Management

A management approach focused on long-term success through customer satisfaction, involving all members of an organization in improving processes, products, services, and culture.

Strategic Objectives

Specific, measurable goals that an organization aims to achieve to realize its strategic vision and mission.

System Inputs

The necessary resources, data, or materials required by a system to produce outputs.