During the month of March, Harley's Computer Services made purchases on account totaling $46,300. Also, during the month of March, Harley was paid $12,200 by a customer for services to be provided in the future and paid $38,300 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of March was $78,700, what is the balance in the accounts payable at the end of March?
During the month of March, Harley's Computer Services made purchases on account totaling $46,300. Also, during the month of March, Harley was paid $12,200 by a customer for services to be provided in the future and paid $38,300 of cash on its accounts payable balance. If the balance in the accounts payable account at the beginning of March was $78,700, what is the balance in the accounts payable at the end of March?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:During the month of March, Harley's Computer
Services made purchases on account totaling
$46,300. Also, during the month of March,
Harley was paid $12,200 by a customer for
services to be provided in the future and paid
$38,300 of cash on its accounts payable balance.
If the balance in the accounts payable account
at the beginning of March was $78,700, what is
the balance in the accounts payable at the end
of March?
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