s****i
发帖数: 66 | 1 Lyle, Inc. is preparing its financial statements for the year ended December
31, Year 1. Accounts payable
amounted to $360,000 before any necessary year-end adjustment related to the
following:
At December 31, Year 1, Lyle has a $50,000 debit balance in its
accounts payable to Ross, a
supplier, resulting from a $50,000 advance payment for goods to be
manufactured to Lyle's
specifications.
Checks in the amount of $100,000 were written to vendors and
recorded on December 29, Year 1.
The checks were mailed on January 5, Year 2.
What amount should Lyle report as accounts payable in its December 31, Year
1, balance sheet?
a. $510,000
b. $410,000
c. $310,000
d. $210,000
答案是A.这种题目我每次都是似懂非懂。请问谁能大概总结一下AP到底算不算的情况？
十分感谢！ | s****i
发帖数: 66 | |
|
