Trade Credit as a Means of Financing What happens to accounts payable if a firm purchases $1, 000/day at net 30? $1, 000 x 30 days= $30,000 account balance What happens to accounts payable if a firm purchases $1, 500/day at net 30? $1, 500 x 30 days=$45, 000 account balance A $15,000 increase from operations 11-811-8 Trade Credit as a Means of Financing $1,000 x 30 days = $30,000 account balance What happens to accounts payable if a firm purchases $1,500/day at net 30? $1,500 x 30 days = $45,000 account balance A $15,000 increase from operations! What happens to accounts payable if a firm purchases $1,000/day at net 30?