Solved

Yellow Company Had a Balance of $33,000 in Accounts Payable

Question 159

Multiple Choice

Yellow Company had a balance of $33,000 in Accounts Payable at the beginning of June, and purchased $101,000 of merchandise on account during the month. At the end of June, Yellow's Account Payable balance was $29,000. What amount did Yellow pay on account during June?


A) $39,000
B) $72,000
C) $101,000
D) $105,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions