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Yellow Company Had a Balance of $30,000 in Accounts Payable

Question 165

Multiple Choice

Yellow Company had a balance of $30,000 in Accounts Payable at the beginning of June,and purchased $100,000 of merchandise on account during the month.At the end of June,Yellow's Account Payable balance was $28,000.What amount did Yellow pay on account during June?


A) $62,000
B) $72,000
C) $100,000
D) $102,000

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