Question

he account "Accounts Payable" began with a zero balance and then had the following changes increase of $250, increase of $600, decrease of $225, and an increase of $375. The final balance is a___________.

A. credit balance of $1, 450.
B. debit balance of $1,000
C. debit balance of $1, 450.
D. credit balance of $1,000

Answer 1

Answer:

The answer is D. credit balance of $1,000

Explanation:

Accounts Payable has a credit balance

The final balance= $250+ $600-$225+$375 $1000

Therefore the answer is D. credit balance of $1,000