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Business, 25.02.2020 21:50 jenifferplowman

In analyzing the accounts for King Company, you notice that, at the beginning of the month, the Accounts Payable account showed a $3,600 credit balance. During the month, a check was written the payment of $1,300 on the amount owed. This check was properly recorded and posted during the month. Please calculate the new balance of the Accounts Payable account at the end of the month.

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