The Accounts Payable account of Waterford, Inc. has the following postings: Accounts Payable Calculate the ending balance of the account. 14000 8000 5000 12000

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Federico Moya asked Aug 20, 2022

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The Accounts Payable account of Waterford, Inc. has the following postings: Accounts Payable Calculate the ending balance of the account.

14000 8000
5000 12000

Mathematics
college

Federico Moya asked Aug 20, 2022

by Federico Moya

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1 Answer

12 votes

Answer:

14000 credit

Explanation:

debit means minus

credit means plus

- 17000 (debit)

- 8000 (debit)

+ 27000 (credit)

+ 12000 (credit)

------------------------

14000 credit

Deepesh answered Aug 25, 2022

by Deepesh

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