Provide answer the general accounting question During the month of April, Harley's Technology Servicesmade purchases on account totalling $65,000. Also, duringthe month of April, Harley's was paid $15,000 by a customerfor services to be provided in the future and paid $45,000 ofcash on its accounts payable balance. If the balance in theaccounts payable account at the beginning of April was$95,000, what is the balance in the accounts payable at theend of April?

Step 1: Define Accounts PayableAccounts payable is a liability account that records amounts a…

Answered: During the month of April, Harley's…

Principles of Accounting Volume 2

19th Edition

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Chapter7: Budgeting

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Problem 9PA: Fitbands estimated sales are: What are the balances in accounts receivable for January, February,...

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Catherines Cookies has a beginning balance in the Accounts Payable control total account of $8,200. In the cash disbursements journal, the Accounts Payable column has total debits of $6,800 for November. The Accounts Payable credit column in the purchases journal reveals a total of $10,500 for the current month. Based on this information, what is the ending balance in the Accounts Payable account in the general ledger?
American Signs allows customers to pay with their Jones credit card and cash. Jones charges American Signs a 3.5% service fee for each credit sale using its card. Credit sales for the month of June total $328,430, where 40% of those sales were made using the Jones credit card. Based on this information, what will be the total in Credit Card Expense at the end of June?
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