If Accounts Payable had a balance of $18,340 at the beginning of the month, and the six amounts shown below were posted to this account, what should be the ending balance? Three debits posted to Accounts Payable this month: $4,560, $11,160, and $14,660. Three credits posted to Accounts Payable this month: $3,740, $9,640, and $12,840. $4,160. $22,500. $48,720. correct $14,180. Accounts payable is a liability account which means it has a normal credit balance and is increased by credits and decreased by debits. $18,340 – $4,560 – $11,160 – $14,660 + $3,740 + $9,640 + $12,840 = $14,180.

If Accounts Payable had a balance of $18,340 at the beginning of the month, and the six amounts shown below were posted to this account, what should be the ending balance?

Three debits posted to Accounts Payable this month: $4,560, $11,160, and $14,660.
Three credits posted to Accounts Payable this month: $3,740, $9,640, and $12,840.

	$4,160.
	$22,500.
	$48,720.
	$14,180.

Accounts payable is a liability account which means it has a normal credit balance and is increased by credits and decreased by debits.

$18,340 – $4,560 – $11,160 – $14,660 + $3,740 + $9,640 + $12,840 = $14,180.