The Accounts Payable Account of Waterford, Inc $$\begin{array} { l | l } { \text { Accounts Receivable } } \\\hline 17,000 & 27,000 \\8,000 & 12,000 \\&\end{array}$$

Multiple Choice

The Accounts Payable account of Waterford, Inc. has the following postings: $$\begin{array} { l | l } { \text { Accounts Receivable } } \\\hline 17,000 & 27,000 \\8,000 & 12,000 \\&\end{array}$$ Calculate the ending balance of the account.

A) $12,000 credit
B) $14,000 debit
C) $14,000 credit
D) $8,000 debit