Natalie Company had $56,750 of Accounts Payable on March 31. During March, the company made total purchases on account of $96,870, and paid a total of $105,230 cash on accounts payable.
Determine the balance of Accounts Payable on March 1.
A) $48,390
B) $145,350
C) $65,200
D) $65,110

Question

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The Answer of Natalie Company had $56,750 of Accounts Payable on March 31. During March, the company made total purchases on account of $96,870, and paid a total of $105,230 cash on accounts payable.
Determine the balance of Accounts Payable on March 1.
A) $48,390
B) $145,350
C) $65,200
D) $65,110

Natalie Company Had $56,750 of Accounts Payable on March 31