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At October 1 2016 Medina Co

Question 206

Multiple Choice

At October 1 2016 Medina Co. had an accounts payable balance of $50000. During the month the company made purchases on account of $35000 and made payments on account of $48000. At October 31 2016 the accounts payable balance is


A) $37000.
B) $33000.
C) $63000.
D) $133000.

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