Accounting MCQ
Accounting Chapter 8
Carpon Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regarding the store's operations follow:Accounts payable at the end of December would be:
Carpon Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regarding the store's operations follow:Accounts payable at the end of December would be:
Carpon Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regarding the store's operations follow:Accounts payable at the end of December would be:
A. $271,500
B. $105,000
C. $166,500
D. $262,500
Answer: A
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