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The Accounts Payable Account of Golden,Inc  Accounts Payable 18,00029,0005,00012,000\begin{array} { r | l } { \text { Accounts Payable } } \\\hline 18,000 & 29,000 \\5,000 & 12,000\end{array}

Question 14

Multiple Choice

The Accounts Payable account of Golden,Inc.has the following postings:  Accounts Payable 18,00029,0005,00012,000\begin{array} { r | l } { \text { Accounts Payable } } \\\hline 18,000 & 29,000 \\5,000 & 12,000\end{array} Calculate the ending balance of the account.


A) $12,000 credit
B) $18,000 debit
C) $18,000 credit
D) $5,000 debit

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