Question: Multiple Choice Question The beginning balance in Ace's Accounts Payable was $3,000. Ace then bought $200 of supplies paying cash. It also paid $500 of

Multiple Choice Question The beginning balance in Ace's Accounts Payable was $3,000. Ace then bought $200 of supplies paying cash. It also paid $500 of the amount that it owed for supplies purchased on account last month. The ending balance in Ace's Accounts Payable is a ______. Multiple choice question. credit of $2,500 credit of $2,700 credit of $3,700 credit of $3,000 credit of $3,500

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