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

question 244

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) $4,900.
• D) $75,900.
• E) $6,600.

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Definitions:

Past Tense

A verb tense used to describe actions or events that happened at a time before now.

Verb

A word used to describe an action, state, or occurrence.

Passage

A section of text or a way through which one passes, often used in literature or as a physical path.

Power Company

An enterprise that generates and distributes electricity to consumers and businesses.