Answer and Explanation:
The computation of the account payable balance is given below:
Account Payable balance on month end is
= 13,000 + 400 + 7500 + 200 - 7500 - 12000
= $1,600
Hence, the account payable balance is $1,600
The same is to be reflected on the debit side of account payable T account
The same is to be considered
It’s D. Hope this helps. Plz Mark As Brainliest
Answer:
The answer is E. a unit of account; a medium of exchange
Explanation:
Because they allows different things to be compared against each other; for example, goods, services, assets, liabilities, labour income, expenses.
A unit of account is a monetary unit of measurement of value or cost.
And the second is a medium of exchange because $3 is being used to buy cone. It exchanged money for cone.
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Answer:
........500 members.........
Explanation:
.