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Martin Company Had $113,500 of Accounts Payable on March 31

Question 46

Multiple Choice

Martin Company had $113,500 of Accounts Payable on March 31, 2019. During March, the company made total purchases on account of $193,740, and paid a total of $210,460 cash on accounts payable.
Determine the balance of Accounts Payable on March 1, 2019.


A) $130,400
B) $130,220
C) $ 6,780
D) $290,700

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