AThe beginning balance of What For, Inc.'s Accounts Payable on 3/1/2019 was $15,930. During March, the company had the following transactions: Issued 7,000 shares of common stock at par value for $35,000 cash. Purchased equipment for $3,000, paying cash. Purchased additional supplies worth $3,200 on account. Provided services to customers worth $8,400 on account. Received cash of $6,780 from customers for services provided during the month. Paid employees $10,000 in cash for March salaries. Paid creditors $2,800 for supplies previously purchased on account. What was the balance of the company's Accounts Payable account as of 3/31/2019 following these transactions? Group of answer choices $14,310. $15,530. $15,930. $16,330. $17,550.

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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AThe beginning balance of What For, Inc.'s Accounts Payable on 3/1/2019 was $15,930. During March, the company
had the following transactions: Issued 7,000 shares of common stock at par value for $35,000 cash. Purchased
equipment for $3,000, paying cash. Purchased additional supplies worth $3,200 on account. Provided services to
customers worth $8,400 on account. Received cash of $6,780 from customers for services provided during the month.
Paid employees $10,000 in cash for March salaries. Paid creditors $2,800 for supplies previously purchased on account.
What was the balance of the company's Accounts Payable account as of 3/31/2019 following these transactions? Group
of answer choices $14,310. $15,530. $15,930. $16,330. $17,550.
Transcribed Image Text:AThe beginning balance of What For, Inc.'s Accounts Payable on 3/1/2019 was $15,930. During March, the company had the following transactions: Issued 7,000 shares of common stock at par value for $35,000 cash. Purchased equipment for $3,000, paying cash. Purchased additional supplies worth $3,200 on account. Provided services to customers worth $8,400 on account. Received cash of $6,780 from customers for services provided during the month. Paid employees $10,000 in cash for March salaries. Paid creditors $2,800 for supplies previously purchased on account. What was the balance of the company's Accounts Payable account as of 3/31/2019 following these transactions? Group of answer choices $14,310. $15,530. $15,930. $16,330. $17,550.
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