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Account Balances a. During February, $82,240 was paid to creditors on account, and purchases on account were $105,270. Assuming the February 28 balance of Accounts

Account Balances

a. During February, $82,240 was paid to creditors on account, and purchases on account were $105,270. Assuming the February 28 balance of Accounts Payable was $35,360, determine the account balance on February 1. $

b. On October 1, the accounts receivable account balance was $34,600. During October, $301,000 was collected from customers on account. Assuming the October 31 balance was $39,800, determine the fees billed to customers on account during October. $

c. On April 1, the cash account balance was $19,990. During April, cash receipts totaled $303,850 and the April 30 balance was $14,390. Determine the cash payments made during April. $

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