During the Month of March, Cooley Computer Services Made Purchases

question 162

Multiple Choice

During the month of March, Cooley Computer Services made purchases on account totaling $43,500. Also during the month of March, Cooley 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:

RFID Tags

Small electronic devices that contain antennas to receive and respond to radio-frequency queries from an RFID transceiver, used for tracking and identification purposes.

Code-Scanning Technology

Technologies designed to analyze source code or compiled versions of code to identify vulnerabilities, bugs, or compliance issues.

GPS

The Global Positioning System, a satellite-based navigation system that provides location and time information in all weather conditions, anywhere on or near the Earth.

Microprocessors

The central processing units (CPUs) at the heart of computers and many electronic devices, designed to execute commands from computer programs.