Question: 6
(Choose 1 answer)
(1269) Cooley company has the balance in the accounts payable at the beginning of March was $1,000.
During the month of March, Cooley company purchased from Dell company on account totaling $2,000. Also
during this month, Cooley company paid $500 on its accounts payable for Dell company. In addition, Cooley
company was paid $8,000 by a customer for services to be provided in the future.
What is the balance in accounts payable at the end of March?
A. $2,500
B. $10,500
C. $8,000
D. $12,500
E. $2,000
