During the month of April, Benson's Electronics Services made purchases on account totaling $53,400. Additionally, during the month of April, Benson received $15,700 from a customer for services to be provided in the future and paid $41,500 in cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of April was $84,200, what is the balance in the accounts payable at the end of April?

During the month of April, Benson's Electronics Services made purchases on account totaling $53,400. Additionally, during the month of April, Benson received $15,700 from a customer for services to be provided in the future and paid $41,500 in cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of April was $84,200, what is the balance in the accounts payable at the end of April?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter7: Accounting Information Systems

Section: Chapter Questions

Problem 5EA: Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200....

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