36. Shyanns business has the following transactions: received $20,000 cash and issued common stock...
60.1K
Verified Solution
Link Copied!
Question
Accounting
36. Shyanns business has the following transactions: received $20,000 cash and issued common stock to stockholders. purchased $500 of office supplies on account. purchased $4,000 of furniture on account. provided services to various clients totaling $11,000 on account. paid out $3,000 for salaries expense and $5,000 for rent expense. paid $600 to supplier for the office supplies purchased earlier. collected $1,000 from one of its clients for services rendered earlier in the month. At the end of the month, Shyanns Accounts Payable account will be? A) B) B C) D)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!