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Accounts Payable May 2 4,000 12,000 May 1 22 10,000 900 May 5 5,500 May 15 400 May 23 Calculate the Accounts Payable balance. (Enter the balance, along with a Bal. reference on the correct side of the T-account.) Accounts Payable May 2 May 22 000 12,000 May 1 10,000 900 May 5 5,500 May 15 400 May 23
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--Balance of account payable = Credit balance
--Balance = TOtal Credits - Total Debits

Accounts Payable
May-02 $4,000 $12,000 May-01
May-22 $10,000 $900 May-05
$5,500 May-15
$400 May-23
$4,800 Bal. [12000 + 900 + 5500 + 400 - 4000 - 10000]
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