Answer
--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] |
Help! Accounts Payable May 2 4,000 12,000 May 1 22 10,000 900 May 5 5,500 May...
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Calculate and enter the ending balance for each t-account. Building Accounts Payable Dec. 1 32,200 28,900 Dec. 2 Dec. 1 26,900 42,600 Dec. 2 Dec. 2 6,300 13,200 Dec. 3 Dec. 2 4,200 18,500 Dec 3 Dec. 5 25,500 6,900 Dec. 4 Dec. 5 20,500 11,300 Dec. 4 Dec. 6 12,700 1,300 Dec. 6 Dec. 6 10,200 2,000 Dec. 6 Dec. 7 29,800 19,500 Dec. 10 Dec. 7 23,900 28,900 Dec. 10 Common Stock Dividends 54,200 Dec. 2 Dec. 1...
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