Accounts Payable had a normal starting balance of $700. There were debit postings of $200...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Accounts Payable had a normal starting balance of $700. There were debit postings of $200 and credit postings of $ $100 during the month. The ending balance is:
A.$600 CREDIT
B.$1,000 CREDIT
C.$1,000 DEBIT
D.$600 DEBIT
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
