Catspaw Hospital provides you with the following information: Accounts payable, December 31, 20X2 $45,000 Purchases...
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Accounting
Catspaw Hospital provides you with the following information:
Accounts payable, December 31, 20X2 $45,000
Purchases of supplies on account during 20X2 316,000
Payments on accounts payable during 20X2 301,000
What was the balance of accounts payable at December 31, 20X1?
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