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During the month of April, Westside Electronics made purchases on account totaling $52,800. Also, during the month of April, Westside was paid $15,500 by a customer for services to be provided in the future and paid $43,700 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of April was $86,400, what is the balance in the accounts payable at the end of April?

During the month of April, Westside Electronics made purchases on account totaling $52,800. Also, during the month of April, Westside was paid $15,500 by a customer for services to be provided in the future and paid $43,700 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of April was $86,400, what is the balance in the accounts payable at the end of April?

Principles of Accounting Volume 1
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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During the month of April, Westside Electronics made purchases on account totaling $52,800. Also, during the month of April, Westside was paid $15,500 by a customer for services to be provided in the future and paid $43,700 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of April was $86,400, what is the balance in the accounts payable at the end of April?
Transcribed Image Text:During the month of April, Westside Electronics made purchases on account totaling $52,800. Also, during the month of April, Westside was paid $15,500 by a customer for services to be provided in the future and paid $43,700 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of April was $86,400, what is the balance in the accounts payable at the end of April?
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