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Credit to Accounts Payable for $8,300 ...

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Accounting

Credit to Accounts Payable for $8,300

On January 2, 2015, Indirect Oil collected $25,000 of its accounts receivable and paid $20,000 of its accounts payable. On January 3, 2015, total liabilities are? Type your calculationimage

Accounts Payable ..... Land........ Notes Payable. Equipment. Cash...... Accounts Receivable.. Buildings....... Capital Stock ....... Retained Earnings.. $55,000 $100,000 $130,000 $80,000 $40,000 $50,000 $120,000 $170,000 $35,000

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