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Account Balances a. During February, 192,780 was paid to creditors on account, and purchases on account were $118,760. Assuming the February 28 balance of Accounts
Account Balances a. During February, 192,780 was paid to creditors on account, and purchases on account were $118,760. Assuming the February 28 balance of Accounts Payable was $39,900, determine the account balance on February 1. b. on October 1, the accounts receivable account balance was $30,800. During October, $268,000 was collected from customers on account. Assuming the October 31 balance was $35,400, determine the fees billed to customers on account during October c. On April 1, the cash account balance was $20,150. During April, cash receipts totaled $306,280 and the April 30 balance was $14,510. Determine the cash payments made during April
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