A Creditor's Account in the Accounts Payable Ledger Has a Balance

Multiple Choice

A creditor's account in the accounts payable ledger has a balance of $10,560 as of April 1.After a transaction of $12,800 is posted from the purchases journal and a transaction of $9,200 is posted from the cash payments journal,the balance of the creditor's account on April 30 is:

A) $9,200 debit
B) $6,960 credit
C) $14,160 credit
D) $12,800 debit