Multiple Choice
The Accounts Payable account has total credit postings of $2,500 and debit postings of $1,500. The balance of the account is:
A) $1,000 debit.
B) $1,000 credit.
C) $4,000 credit.
D) $4,000 debit.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q95: A compound entry is when more than
Q96: Which type of account would NOT be
Q97: What would be the effect on the
Q98: Withdrawals increase on the credit side of
Q99: For each of the following, identify in
Q101: The business provided services for cash. To
Q102: The rules of debit and credit require
Q103: What would be the effect on the
Q104: Which of the following groups of accounts
Q105: A credit may signify a(n):<br>A) increase in