The normal balance of an accounts payable is credit.
So you start with $800-cr
Any debit posting will reduce that normal balance and any credit posting will increase the normal balance.
The $600 debit posting will create a $200 credit balance(800-600)
The $300 credit posting will create a $500 credit balance(300+200)
Answer: A. $500 - Credit.
It may help to figure it out if you create a t-chart and enter the amounts.
1.17 + 2.65p = 9
2.65p = 9 - 1.17
2.65p = 7.83
p = 7.83/2.65
p = 2.95.......maximum number of pens Linda can buy is 2
D is correct because y on I doesn't equal y on II.
Answer:
3
Step-by-step explanation:
3 even numbers 2,4,6
or 1/2
or 50%