Question

Bravo Company purchased goods on account for $4,500, paid $2,300 of Accounts Payable, and had an ending Accounts Payable balance of $16,890. How much was beginning Accounts Payable?

Answer 1

Beginning Balance Accounts Payable= $ 14,690

Step-by-step explanation:

Ending Balance =$ 16,890

Less Purchases = $ 4500

Add payments= $ 2,300

Beginning Balance Accounts Payable = $ 14,690