The Accounts Payable Account Has a Beginning Balance of $12,000

question 138

Multiple Choice

The Accounts Payable account has a beginning balance of $12,000 and the company purchased $50,000 of supplies on account during the month.The ending balance was $10,000.How much did the company pay to creditors during the month?

• A)$50,000.
• B)$52,000.
• C)$60,000.
• D)$62,000.