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30 January, 11:49

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?

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  1. 30 January, 12:04
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    Beginning Balance Accounts Payable = $ 14,690

    Explanation:

    Ending Balance = $ 16,890

    Less Purchases = $ 4500

    Add payments = $ 2,300

    Beginning Balance Accounts Payable = $ 14,690
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