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The Accounts Payable account has a beginning balance of $12,000 and the company purchased $50,000 of supplies on account during the month. The ending balance was $10,000. How much did the company pay to creditors during the month?

a. $50,000.

b. $52,000.

c. $60,000.

d. $62,000.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M971596

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