Calculate the accounts payable balance


At October 1, 2013, Metz Industries had an Accounts Payable balance of $60,000. During the month, the company made purchases on account of $50,000 and made payments on account of $80,000. At October 31, 2013, Calculate the Accounts Payable balance.

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Accounting Basics: Calculate the accounts payable balance
Reference No:- TGS0684173

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